US: Stock sells Gran Gala to Sazerac

16 October, 2012

Stock Spirits Group has sold orange liqueur brand Gran Gala to its US importer Sazerac Company, for an undisclosed sum.

The two companies have build the brand in the US for three years, where it makes approximately 98% of its sales.

Chris Heath, CEO of Stock said: “We are pleased to have successfully grown Gran Gala’s position in the US, and we are delighted that Sazerac will continue to develop the brand in the US market. There are significant opportunities for the Stock Group to invest the proceeds in growing and developing our extensive brand portfolio, both organically and through acquisitions, in our core markets of Central and Eastern Europe as well as international markets worldwide."

Keywords: stock, sazerac, gran gala




Comment

Philip Duff

Make safety sexy

It was the Worshipful Company of Distillers’ annual dinner at the Lord Mayor of London’s residence Mansion House a few weeks ago, and as a junior member of the Gin Guild I was permitted to attend, provided I promised not to pinch any silverware and did a little light sweeping afterwards.

Click for more »

Events

Facebook

Twitter