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

News Briefs for August 13, 2019

August 13, 2019

•In case you missed yesterday’s news alert, Heaven Hill Brands has acquired Black Velvet Canadian whisky from Constellation Brands for $266 million. The deal continues the paring of Constellation’s lower-end drinks portfolio, while boosting Heaven Hill’s position in imported whisky. Here’s the full story.

•Stoli Group USA has announced the launch of Kentucky Owl Rye Batch #3, the latest release for the luxury American whiskey brand. The 10-year-old whiskey is sourced from unnamed Kentucky distilleries and is bottled at 57% abv. The new bottling will roll out at the end of the month in limited quantities in 36 states and Washington, D.C., for a suggested price of $200 a 750-ml.

•Seattle, Washington’s Westland Distillery, part of the Rémy Cointreau portfolio, has announced the next release in its Native Oak Series, Garryana Edition 4/1. The 50% abv whiskey is blended from single malts aged primarily in Garry oak (a rare wood indigenous to the Pacific Northwest) and Pedro Ximénez Sherry casks, with some ex-rye and ex-Bourbon matured whiskies included as well. The whiskey is available now in extremely limited quantities—only 3,750 bottles—in select retailers around the world for a suggested price of $150 each.

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