Exclusive news and research on the wine, spirits and beer business

News Briefs for October 3, 2017

October 3, 2017

•Pernod Ricard has completed its sale of Scotland’s Glenallachie Distillery to a consortium led by Scotch veterans Billy Walker, Graham Stevenson and Trisha Savage. The deal, which was for an undisclosed sum, was originally announced in July. Walker sold his previous project, BenRiach Distillery Co., to Brown-Forman for around $415 million last year. Pernod said the divestiture is in line with its strategy to focus on its priority spirits and wine brands.

•Islay single malt Kilchoman is set to release two limited-edition whiskies this month. Out now is Kilchoman 2009 Vintage, a 46%-abv Scotch distilled in 2006 and aged in Oloroso Sherry butts and Buffalo Trace Bourbon barrels. The 2009 Vintage has a suggested price of $99.99. On October 9, Kilchoman will launch its Red Wine Cask whisky, a 50%-abv release that has matured in Portuguese wine casks since it was distilled in 2012. Red Wine Cask will retail at around $124.99 a bottle, with only 10,000 bottles available worldwide. Impex Beverages Inc. handles Kilchoman in the U.S.

•Louisville, Kentucky-based Copper & Kings has launched two new gin offerings. Copper & Kings American Dry Gin (92 proof/$35 a 750-ml.) is made from a base of apple brandy, while its American Old Tom Gin (100 proof/$40 a 750-ml.) has a base of grape brandy. Both new expressions are double-distilled, feature classic gin botanicals and are non-chill-filtered. Copper & Kings’ distribution footprint covers 31 U.S. markets.

•Beverage alcohol delivery provider Drizly has expanded its New York footprint with entry into the Albany and Buffalo markets. Drizly has partnered with local retailer Madison Wine & Spirits in Albany and Gates Circle Wine and Liquor, Elma Wine & Liquor and Caputi Wine and Liquors in Buffalo, offering consumers in both markets on-demand alcohol delivery for $5 and free in-store pick-ups. The move builds on the company’s existing presence in New York City. The Wine & Spirits Wholesalers of America holds a minority stake in Drizly, which is now active in more than 70 cities throughout the U.S. and Canada. In recent days, Drizly added former Walmart U.S. CEO Bill Simon to its board of directors.

•Cachaça brand Novo Fogo has released Colibri, an expression aged in both repurposed oak and Brazilian teak barrels. Limited to 400 cases for this year, Colibri will be available starting this month, retail priced at $34.99 a 750-ml. It joins the Silver Cachaça, Chameleon and Barrel-Aged Cachaça labels, as well as the Two-Woods Series, Single Barrel Cachaças range and Sparkling Caipirinha ready-to-drink cocktail, in Novo Fogo’s existing lineup.

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