Stories
Whisky is a passion to explore. From the history of the spirit to the evolution of the industry, the story of whisky helps fuel that passion. Often, it’s easy to forget that whisky is also a global multibillion dollar industry. The stories of whisky — from news and new releases to in-depth inquires and what goes on behind the label — blend together to help us appreciate the spirit of whisky.
April Expansions & Acquisitions
Campari Group has been on an expansion kick lately, especially in the Bourbon arena, which has been accounting for a growing share of the company’s revenue. Now, Campari plans to invest $160 million to build a second distillery at Wild Turkey in Lawrenceburg, Kentucky.
The announcement came from Kentucky Governor Andy Beshear’s office, and noted that the new distillery will bring Wild Turkey’s annual production to 14 million proof gallons of spirit a year, up from the current 9 million.
Construction is expected to start this summer, with production to begin in 2025. No one from Campari was available for interviews.
Edrington has taken majority control of Wyoming Whiskey. The Scotland-based company now owns 80 percent of Wyoming’s first distillery after buying additional shares from founders Brad and Kate Mead and David DeFazio.
Edrington first bought a minority stake in Wyoming Whiskey in 2018, and has been responsible for the brand’s distribution and marketing since then. The company hopes to use the acquisition to cement a place in the high-end Bourbon market.
Berry Bros. and Rudd has acquired a minority stake in The Cotswolds Distillery in England. The distillery will use the investment to expand production of its whiskies and gins.
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