Deutsch Family President Details Latest M&A Deals

Dear Client:   The majority of Deutsch Family Wine & Spirits' business is still in wine, but president Tom Steffanci tells WSD that "spirits is a big focus for us, especially in this sort of super premium and luxury space." And "as we think about our future growth, we feel like spirits will be a bigger and bigger part of that." The company's latest move in the spirits space includes acquiring a partial stake in Cantera Negra Tequila through a