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Tag Archive: Penelope

MGP’s Annual Sales Rise 7%, With Branded Portfolio Reaching $250 Million

MGP Ingredients saw sales increase 7% to $837 million last year, with adjusted EBITDA rising 20% to $305 million. Continue reading →

Posted in News on February 23, 2024

MGP Adds To Brand Stable With Acquisition of Penelope Bourbon

MGP Ingredients has acquired the Penelope Bourbon brand for $105 million through MGP subsidiary Luxco. Continue reading →

Posted in News on May 9, 2023

Craft Brewing and Distilling News for October 13, 2022

•Penelope Bourbon has announced Valencia, the newest limited edition offering from the Roselle, New Jersey-based brand. Continue reading →

Posted in News on October 13, 2022

Craft Brewing and Distilling News for March 31, 2022

•Roselle, New Jersey-based Penelope Bourbon announced the launch of new Bourbon collection Architect. Continue reading →

Posted in News on March 31, 2022

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