Constellation Brands buys Copper & Kings

US drinks firm Constellation Brands has acquired Kentucky-based brandy producer Copper & Kings for an undisclosed sum. In January 2018, Svedka vodka producer Constellation Brands purchased a minority stake in Copper & Kings through its venture capital arm, Constellation Ventures. The acquisition is the company’s first outright purchase through Constellation Ventures. Jennifer Evans, vice president of Constellation Ventures, said: “When making a ventures investment, we look for brands that want to push boundaries, grow with…

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St-Rémy releases Sherry cask-finished brandy

French brandy producer St-Rémy has launched a limited edition oloroso Sherry cask-finished expression as the fifth bottling in its Cask Finish Collection. Created by Cécile Roudaut, St-Rémy master blender, each expression in the Cask Finish Collection is a “distinctive exploration into the encounter between French brandies and wood”. For the latest bottling, Roudaut selected 10 casks that previously held oloroso Sherry from the Spanish city of Jerez. The casks brought notes of red fruits, cherry,…

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Rémy Cointreau Q1 sales fall 33.2%

French drinks group Rémy Cointreau saw its organic sales drop 33.2% in the first quarter of its financial year as a result of on-trade closures and travel restrictions due to the coronavirus pandemic. In the three months to the end of June 2020, Rémy Cointreau posted total sales of €150.1 million (US$173m), down from €223.2m (US$257m) in the same period last year. The Rémy Martin owner had predicted that its sales could be down 50-55%…

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Sauvage Beverages buys Kymar Farm Distillery

New York-based farm distillery and winery Sauvage Beverages has acquired Kymar Farm Distillery for an undisclosed sum with plans to focus more on spirits production. Kymar Farm Distillery is a 20-acre agricultural property with a 22,000 sq ft distilling facility. Sauvage Beverages produces apple-based vodka and currently operates from a 4,000 sq ft Oneonta-based farm distillery and winery. The expansion will be managed by Ken Wortz, owner of the Kymar Farm Distillery, who has been…

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The producers reinventing brandy’s image

It may have been saddled with a fusty image for years, but thanks to a new generation of producers and bartenders who are championing it as an exciting cocktail ingredient, brandy might finally start to become hip. *This feature was originally published in the October 2019 issue of The Spirits Business The word ‘brandy’ comes with certain baggage. Still largely under‐premiumised and overshadowed by its Cognac sub‐category, the spirit has long struggled with a problem…

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