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, 2022DISCUS: 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, 2022Flavors 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, 2020Tariff 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, 2019News 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, 2018News 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
