The Founders of Phony Negroni Built a $925 Million Market’s Breakout Brand. Now They’re Passing the Torch.
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5 Articles
The Wine Group Acquires Brooklyn-based St. Agrestis - Shanken News Daily
The Wine Group has acquired Brooklyn-based St. Agrestis, maker of the non-alcoholic RTD Phony Negroni, among other drinks. Terms of the deal were not disclosed but the Wine Group says St. Agrestis’ leadership team—Steven DeAngelo, Louie Catizone, and Matt Catizone—will … Continue reading → The post The Wine Group Acquires Brooklyn-based St. Agrestis appeared first on Shanken News Daily.
Exclusive: The Wine Group Acquires 'Phony Negroni' Maker St. Agrestis
The Wine Group (TWG) has acquired St. Agrestis, the company behind the rapidly growing non-alcoholic ready-to-drink (RTD) Phony Negroni, chief marketing officer Helen Kurtz tells VinePair. TWG has not disclosed the transaction’s sum. In addition to the Phony Negroni — a non-alcoholic riff on the classic cocktail and the brand’s most popular product — St. Agrestis’s portfolio includes other zero-proof and alcoholic RTD aperitivos and Negronis. TW…
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