Sun, 5 April 2015
Bacardi took a step into the Bourbon business this week with its acquisition of Angel's Share Brands, the parent company of Angel's Envy Bourbon and the Louisville Distilling Company's distillery under construction in Louisville. The deal is a friendly one, since Bacardi had owned a small stake in Angel's Share since it was founded by the late Lincoln Henderson and his partners in 2006. Henderson's son Wes and the other Angel's Share executives will run the company as a separate division within Bacardi, and he joins us to discuss the reasons behind the sale on this week's WhiskyCast In-Depth. In the news, Bacardi has also acquired a small share in Compass Box as part of a larger deal to supply whisky for the Compass Box blends, one of the whisky industry's major travel retail companies is being sold, and the Scotch Malt Whisky Society is changing hands, too.
Direct download: WhiskyCast_20150404.mp3
Category: -- posted at: 1:13am EST