Bastian Solutions Newsletter Shares Bacardi Expands Portfolio of Super-Premium Spirits
Beverage Industry magazine reported that Bacardi Ltd., Hamilton, Bermuda, expanded its portfolio of super-premium spirits with the acquisition of Louisville-based Angel's Share Brands; its subsidiary, Louisville Distilling Co.; and its Angel's Envy brand. This deal marks the company's entry into the bourbon category of the North American whiskey sector. "We have a clear strategy aligned to meet consumer needs in premium spirits and are building an even stronger portfolio through innovation and acquisition. The purchase of Angel's Share Brands and...
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