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Chilco River Holdings Acquires Excuse Mix Inc., Launching Excuse Mixers Brand in the Fast-Growing Ready-to-Drink Market
TMX Newsfile· 2026-03-04 13:00
Core Viewpoint - Chilco River Holdings, Inc. has acquired Excuse Mix Inc., marking its entry into the growing Ready-to-Drink (RTD) beverage segment, which is experiencing strong consumer demand and industry investment [1][4]. Company Summary - Chilco River focuses on premium bourbon, luxury tequila, and RTD spirits, aiming to build a diversified portfolio of beverage alcohol brands [1][10]. - The acquisition of Excuse Mix Inc. is part of the company's strategy to develop and acquire brands in emerging growth categories [9]. - The initial product lineup for Excuse Mixers will include four signature flavors inspired by classic cocktails [4][15]. - The company is preparing for its first production run and evaluating initial distribution opportunities in select markets [7][8]. Industry Summary - The global ready-to-drink cocktail market is projected to exceed $40 billion, driven by consumer preferences for convenience and flavor variety [3]. - The RTD category has seen strong adoption among younger consumers and is popular for social occasions [3]. - Recent industry transactions, such as Anheuser-Busch InBev's acquisition of BeatBox Beverages for approximately $490 million and Sazerac Company's acquisition of BuzzBallz for about $500 million, highlight the strategic focus on RTD brands [5][6].
Athletic Brewing Company Relaunches "Athletic January" Campaign, Making Modern Moderation More Accessible
Prnewswire· 2025-12-17 14:00
Core Insights - Athletic Brewing Company is launching its Athletic January campaign to promote moderation and mindfulness in drinking, encouraging consumers to celebrate small victories and adopt a year-round mindset of moderation [3][4] - The company is collaborating with OpenTable to help diners locate its non-alcoholic brews in bars and restaurants, addressing the consumer desire for social connection [4][5] - Athletic Brewing holds a significant market share in the non-alcoholic beer segment, with a 36% share of on-premise NA beer sales in the U.S. and its top products dominating the craft NA beer market [6][12] Company Initiatives - The Athletic January campaign aims to redefine January as a month of possibilities rather than limitations, promoting the enjoyment of non-alcoholic beverages [2][3] - The company is expanding its "Ask For Athletic" program, offering a $5 rebate on purchases of its products at participating retailers from January 1 to February 9, 2026 [5][18] - Athletic Brewing is set to launch new products, including Athletic Lite Lime & Salt and cocktail-inspired brews, to cater to diverse consumer tastes and preferences [10][11] Market Position - Athletic Brewing is recognized as America's largest dedicated non-alcoholic brewer, with a market share of 52% in the NA craft beer segment, significantly outselling its competitors [12][14] - The company has received 185 prestigious taste awards over the past decade, highlighting its commitment to quality and innovation in the non-alcoholic beverage space [12][14] - Research indicates that a significant portion of consumers (39%) are more likely to return to establishments that offer a variety of non-alcoholic options, suggesting a growing demand for such products in the hospitality industry [7]