The Wine Group Takes Minority Stake in Rancho La Gloria Owner

Dear Client:  The Wine Group (TWG) announced today it has entered into a strategic partnership with MPL Brands NV, owner of fast-growing wine-based ready-to-drink brand Rancho La Gloria. TWG will now exclusively represent Rancho La Gloria in the US. Terms of the deal were not disclosed. As part of the agreement, TWG has made a minority investment in the parent company and will become the company's sales and production partner, "enabling future product innovation to rapidly grow at scale," per release. "The