The deal, which has taken the two companies months to complete, will see a $100m cash investment and will also address CEDC’s short-term financial obligations by Russian Standard buying $210m of its debt. Russian Standard Corporation’s share of CEDC currently stands at 9.9% following December’s $25.35m share purchase, but will rise to 28% next year following the terms of the agreement. The…
Available in £9.99 packs of four 30cl pouches, the cocktails have an abv of 6%. The pouches are designed to be frozen for three hours, then left to stand for five minutes before consumption, but can be drunk chilled too. The Strawberry DaiqGOri is a “take on the bartender’s classic” Daiquiri and is a mix of strawberry puree and white rum, while the Lime MarGOrita comprises…
In a strategic review, the US-based group decided future demand in export markets necessitated its Kilbeggan and Cooley distileries’ inventories being retained for its brands. Last year Cooley Distillery sold around 250,000-300,000 nine-litre cases, of which only 100,000 cases were Cooley brands’ volume. A statement from Beam read: “In making the transition to building the Cooley brands, Beam is respecting existing supply contracts and appropriate…
Highland Park distillery manager Russell Anderson is set to take the reins at The Macallan after 15 years in Orkney. After two stints at Highland Park he has handed over the role of distillery manager to Graham Manson, a former engineering manager at North British Distillery – which contributes to the group’s Cutty Sark blend. Anderson makes a return to the Speyside distillery, where he…
Wave Baja is described by Sazerac as a blend of “exotic tropical fruit”, while Wave Lemon Lime is said to have a “citrus taste”. The new flavours join the brand’s current stable of original, whipped cream, pink lemonade, cherry, blue raspberry and grape variants. The range is available in 5cl, 75cl, 1 litre and 1.75 litre sizes. The suggested retail price is $8.99 per 75cl…
Highland Park distillery manager Russell Anderson is set to take the reins at The Macallan after 15 years in Orkney. After two stints at Highland Park he has handed over the role of distillery manager to Graham Manson, a former engineering manager at North British Distillery – which contributes to the group’s Cutty Sark blend. Anderson makes a return to the Speyside distillery, where he…
Emerging Opportunities in the Chinese Wine Market, which was published yesterday, was researched between November 2011 and February 2012 and saw 21 interviews conducted with leading Chinese wine trade professionals. Wine Intelligence’s China-based team found a growing trend in the diversification of consumer tastes, which will mean Bordeaux wines will no longer be the sole interest of consumers. Chinese wine trade professionals have also indicated…
The experiment, which was organised in conjunction with the generic body’s Malbec World Day (April 17), saw 2,100kg of old-vine grapes from Gaucho Restaurants’ vineyards in Lunlunta, Mendoza flown to the UK The grapes were chilled for the entirety of the 7,100 mile journey to the Kent-based winery. A total of 1,300 bottles labelled as ‘An England Salute’ were produced and will be available in…
Already available in Europe (primarily France and the UK) it will arrive in the US this month. The liqueur is made from the peels of Curaçao oranges and spices blended with brandy and Pierre Ferrand Cognac. Pierre Ferrand Dry Curaçao is 40% abv and will retail in the US for around $29.99 per 75cl bottle. Alexandre Gabriel, owner of Cognac Ferrand, said: “Curaçao is a…
The innovation, which launches to the US in the on and off-trade on June 1 in time for summer, follows the gin brand’s Grape Twisted, Raspberry Twisted, Apple Twisted, Lime Twisted and Orange Twisted flavours. Pineapple Twisted carries an abv of 35% (70 proof) and will be available in 5cl, 37.5cl, 75cl and 1.75L sizes at a suggested retail price of $11.99 per 75cl. Mara…
