News Briefs for January 8, 2018January 8, 2018
•Constellation has taken a minority stake in upscale rum producer The Real McCoy for an undisclosed sum. Under the deal, Constellation will handle distribution for The Real McCoy, whose founder and CEO Bailey Pryor, CMO Jennifer Pryor, COO John Esposito and master distiller Richard Seale will all stay in their roles. The Real McCoy is distilled in Barbados and includes 3-, 5- and 12-year rums aged in Bourbon barrels and retailing from about $20-$50 a bottle. “This doesn’t change who we are or how we go to market,” said Esposito. “The collaboration with Constellation allows us to reach new consumers, expand distribution and grow brand awareness, all while maintaining the integrity of what The Real McCoy is all about.” On Friday, Constellation also announced that it has acquired a minority stake in up-and-coming craft brandy producer Copper & Kings.
•Delicato Family Vineyards has added its first white wine to the Z. Alexander Brown brand, Uncaged Chardonnay. Retailing at $20 a 750-ml., Uncaged Chardonnay is sourced from the Santa Lucia Highlands AVA in Monterey and is rolling out nationally. The Z. Alexander Brown brand is a collaboration between musician Zac Brown and Delicato winemaker John Killebrew. The portfolio also includes an Uncaged Red Blend, Uncaged Cabernet Sauvignon and Uncaged Pinot Noir.
•New Jersey-based Worldwide Libations LLC has been appointed the U.S. importer for Croatian spirits producer Maraska. The Maraska range includes the plum brandy Slivovitz, ($25 a 750-ml.) as well as Pelinkovac, a bitter liqueur ($22); Maraska Maraschino ($25) and Kruscovac pear liqueur ($22). Worldwide Libations is the new company of Dan Lasner, whose previous project, Vision Wine & Spirits, was acquired by Martignetti Cos. in 2016. Worldwide Libations’ other brands include Douglas Laing’s Single Minded Single Malts, Black Tower and Carl Reh from Germany, Tres Buhis from Spain, Pavolino from Italy, Lacort from Rioja, Marques de Valparaiso from Ribero del Duero, and Egret and Bonneau Wines from California.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.