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Tag Archive: MGP Ingredients

News Briefs for February 23, 2021

•Constellation Brands executive Jim Sabia, previously executive vice president and chief marketing officer, has been named executive vice president and managing director, beer division, effective March 1. Continue reading →

Posted in News on February 23, 2021

News Alert: MGP To Acquire Luxco For $475 Million

MGP Ingredients has agreed to acquire St. Louis-based spirits producer and marketer Luxco for $475 million, comprised of equal parts cash and stock. Continue reading →

Posted in News on January 25, 2021

News Briefs for January 22, 2021

•The Wine Spectator Scholarship Foundation has donated $100,000 to the Glancy Wine Education Foundation as part of its campaign to support diversity in the wine industry. Continue reading →

Posted in News on January 22, 2021

News Briefs for May 1, 2020

•Austin, Texas-based Twin Liquors has expanded online ordering to over 90 stores. Continue reading →

Posted in News on May 1, 2020

MGP Acquires D.C.-Based New Columbia Distillers

MGP Ingredients continues to build its brand portfolio, acquiring Washington, D.C.-based New Columbia Distillers for an undisclosed sum. Continue reading →

Posted in News on March 3, 2020

Sales Slip At MGP On Slower Demand, Increased Competition For Its Whiskies

MGP Ingredients saw consolidated sales decline 3.5% to $363 million in its 2019 fiscal year ended in December, with operating income sliding 5.8% to $47 million. Continue reading →

Posted in News on February 28, 2020

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