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Tag Archive: whiskey

News Alert: Apax Funds Takes Control Of Ole Smoky Distillery

Tennessee-based Ole Smoky Distillery crossed a key milestone last year, surpassing 1 million cases in volume on 48% growth. Private equity group Apax Funds today announced that it has acquired a controlling stake in the distiller from Centerview Capital for an undisclosed sum. Continue reading →

Posted in News on February 11, 2022

DISCUS: Supplier Revenues Up 12% In 2021, As Spirits Continue To Steal Share

The U.S. spirits category grew 9% by volume to 291.1 million cases with supplier revenue up 12% to $35.8 billion in 2021, according to The Distilled Spirits Council of the U.S. (DISCUS). Continue reading →

Posted in News on February 4, 2022

Flavors Fuel Whiskies’ Growth In A Turbulent Year

While whisk(e)y in general hasn’t posted the kind of explosive growth registered by pre-mixed cocktails, Cognac, or Tequila during Covid-19, flavored whiskies’ momentum has been accelerating sharply, thanks to a bevy of newer products. Continue reading →

Posted in News on December 31, 2020

Tariff Troubles Slow American Whiskey’s International Expansion

The growth of American whiskey outside the United States has been a boon to U.S. distillers recent years, but that progress stalled in the latter half of 2018 owing to trade tensions between the U.S. and its major global partners. Continue reading →

Posted in News on February 21, 2019

News Alert: Diageo To Build New Kentucky Distillery On $130 Million Investment

Diageo has announced that it will invest $130 million over three years in a new Kentucky-based distillery. It will have an initial capacity of approximately 10 million proof gallons. Continue reading →

Posted in News on December 13, 2018

News Briefs for November 21, 2018

•Louisville-based Kentucky Peerless Distilling Co. will release its much-anticipated 3-year-old Kentucky Straight Rye Whiskey in early 2019. Continue reading →

Posted in News on November 21, 2018

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