First Cuban rum production joint venture in 20 years agreed

Cuban state-owned sugar producer Azcuba and Island Brands, a subsidiary of The Island Rum Company, have signed Cuba’s first fully integrated rum production joint venture in more than 20 years. The joint venture, called Ron Vigia, was signed on 7 November. It is Azcuba’s first rum joint venture and Cuba’s first fully integrated rum production venture since Havana Club International was established in the 1990s. Azcuba is Cuba’s main producer and supplier of sugar and…

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