Daily Archive: May 31, 2023
Palm Bay Targets Expansion In Upscale Whiskey, Tequila
Known for leading imported wine brands like 3.8-million-case Cavit and 1-million-case Roscato, Palm Bay International has also built a growing spirits portfolio in recent years, which now accounts for approximately 10% of its overall business. Continue reading →
Posted in News on May 31, 2023Brown-Forman Pours $200 Million Into Tequila Operations
Brown-Forman is set to ramp up its Tequila production with a $200 million investment. Continue reading →
Posted in News on May 31, 2023Report: Bacardi Eyes Purchase Of Ilegal Mezcal
Bloomberg reports that Bacardi is closing in on a deal to acquire the Ilegal mezcal brand, with the price expected to be less than $200 million. Continue reading →
Posted in News on May 31, 2023News Briefs for May 31, 2023
•Deutsch Family Wine & Spirits’ Bib & Tucker Small Batch Bourbon will release a new Double Char Bourbon in August. Continue reading →
Posted in News on May 31, 2023
