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Wine Group acquires non-alcoholic cocktail brand Phony Negroni.
The Wine Group has acquired the non-alcoholic cocktail brand Phony Negroni from St. Agrestis, expanding its portfolio in the growing low- and no-alcohol beverage market.
The brand offers ready-to-serve cocktails like the Mezcal, Espresso, and White Negroni, and is available in over 4,000 bars and restaurants.
The founders will remain involved for six to twelve months, and financial terms were not disclosed.
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Wine Group adquiere la marca de cócteles no alcohólicos Phony Negroni.