Right on the heels of the Pernod Ricard-Avión announcement, even bigger tequila news comes out of Bacardi. The spirits giant, which has had a minority stake in Patrón for the past decade, will be buying the rest of the company. BTW, the brand’s worth more than Lucasfilm. I know, that’s apropos of nothing, but it’s…
Category: news
Koloa Rum launches Kauai Reserve Three-Year Aged Hawaiian Rum
Hawaii’s Koloa Rum Company has announced the launch of its first-ever Kauai Reserve Three-Year Aged Hawaiian Rum. Crafted in single-batches at its Kalaheo distillery, Kauai Reserve is made from the finest Hawaii sugar cane and fresh island water that was slowly filtered through volcanic strata before reaching vast underground aquifers. Kauai Reserve is aged for a minimum of three years in select American white oak barrels…
Pernod Ricard buys remaining stake in Tequila Avión
Some big news from the tequila world… Pernod Ricard USA announced that it has completed the acquisition of the remaining stake in Avión Spirits LLC, owner of the ultra-premium tequila brand Avión, from its joint-venture partner Tequila Avión. Founder Ken Austin and president Jenna Fagnan, along with Grammy Award winner Jeezy, will remain highly…
Original all-malt Bols Genever is coming to the United States
Some exciting news from Lucas Bols. Folks who’ve read my work will know that I’m quickly becoming quite the genever geek, so this pleases me immensely! But I’d better not get too excited because it’s only in six markets and there will only be 200 cases available. Lucas Bols announced that for the first time…
New Orleans entrepreneurs sign letter of intent to buy Tales of the Cocktail
New Orleans natives, Gary Solomon, Jr., founder of Solomon Group, with the support of the Solomon Family, and Neal Bodenheimer of Cure and Cane & Table, two of New Orleans’ most beloved bars and restaurants, have entered into a letter of intent to take over Tales of the Cocktail (TOTC), the beverage industry’s premier cocktail…
Senate Finance Committee tax reform proposal includes FET relief for craft distillers
Last night, Senate Finance Committee Chairman Orrin Hatch (R-UT) released his Chairman’s markup of the long-awaited major tax reform proposal, which included a landmark provision to create tax fairness for the country’s 1,589 small, independent craft distillers. Current tax policy allows for a reduced excise tax rate for small producers of beer and wine, however,…
drinkableglobe.com 