Tag Archive: Gin Mare
Brown-Forman’s Sales Down 1% To $4.2 Billion In “Challenging Year”
Brown-Forman saw sales for its full fiscal year ended in April dip 1% to $4.2 billion on an organic basis, with operating income down 2% to $1.4 billion, in what the company called “a challenging year within the spirits industry.” Continue reading →
Posted in News on June 5, 2024Report: Brown-Forman’s Diplomatico, Gin Mare Purchases Worth A Combined $1.25 Billion
Brown-Forman’s recent acquisition of Venezuela-based upscale rum brand Diplomatico, which closed last week, was worth $725 million, the Louisville Business Journal reported, citing a December SEC filing. Continue reading →
Posted in News on January 9, 2023Brown-Forman Acquires Gin Mare, Targeting Upscale Gin Segment
Brown-Forman has agreed to purchase Gin Mare from Spain’s Vantguard and MG Destilerías for an undisclosed sum, bolstering its presence in the upscale gin market. Continue reading →
Posted in News on September 6, 2022
