May 15, 1989 |
Napa Valley's 107-year-old Christian Brothers winery, whose profits help finance operation of a dozen Catholic schools, including Los Angeles' Cathedral High, flatly denies widespread rumors that it may be sold. "We're busy with other projects," Richard L. Maher, president of Christian Brothers Sales Co., said in an interview at the winery's headquarters here. The company rang up more than $100 million in sales last year, three-quarters of it from brandy, according to industry sources.
November 25, 1987 |
British food and drink company Allied-Lyons PLC said Tuesday that it would expand its 51% ownership and take full control of one of the best-known names in distilling, Canada's Hiram Walker-Gooderham & Worts Ltd., in a cash and share deal worth $1.01 billion. Allied-Lyons is buying the interest from Toronto-based GW Utilities Ltd., a private development firm controlled by Olympia & York Developments Ltd. GW Utilities will acquire a 10% stake in Allied-Lyons in the deal.
July 2, 1991 |
Are the 31 Flavors in danger of being eighty-sixed? Takeover speculation is again swirling around Allied-Lyons PLC, the British drinks group that also owns Baskin-Robbins Inc. in Glendale, the nation's biggest ice cream chain renowned for its 31 Flavors. The latest speculation stems from Allied-Lyons' recently slumping earnings, which were hurt this spring by the company's trading of foreign currencies.
March 21, 1989
Allied-Lyons North America Corp. has named William I. Savel president and chief executive of Baskin-Robbins Inc., Glendale, the world's largest franchised ice cream operation and a wholly owned subsidiary of Allied-Lyons PLC. Previously, Savel was president of Peter Paul Cadbury USA, a subsidiary of Cadbury Schweppes Inc.
September 6, 1997
Terrence Clancy, 60, former president of the Wine Alliance and a member of the executive committee of the Wine Institute. Clancy, a native of Los Angeles and graduate of Occidental College, entered the wine business with E&J Gallo in 1957. In 1981, he was hired as president of Callaway Vineyards in Temecula. In 1988, Britain's Allied Lyons PLC appointed Clancy as president of its North American wine division and head of four wineries, Callaway, Clos du Bois, Atlas Peak and William Hill.