Conor McGregor s Future In The Whiskey Business Now Uncertain mmanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mmanews.com Daily Mail and Mail on Sunday newspapers.
Conor McGregor Reportedly Bought Out Of Proper No. Twelve Whiskey
According to a report, Conor McGregor will soon be able to take “whiskey mogul” off his business cards.
Proper No. Twelve Irish Whiskey was launched in September 2018 by Eire Born Spirits, a company founded by McGregor and Audie Attar. It has since gained a substantial foothold in the global market, being worth an estimated $200 million. However, according to a recent press release from Becle, McGregor’s time with the company may be coming to an end. The release states: “On February 23, 2021, the Company provided notice of the exercise of its call option to acquire 51% of the equity interests of EBS.”
Conor McGregor s future with Proper No 12 whiskey uncertain after investors take controlling interest in company mmafighting.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mmafighting.com Daily Mail and Mail on Sunday newspapers.
Cuervo maker reports 19.4% full-year sales boost 26th February, 2021 by Nicola Carruthers
Jose Cuervo Tequila owner Becle saw net sales grow by double digits in 2020, and revealed plans to increase its stake in the company behind Conor McGregor’s Proper No. Twelve whiskey to 51%.
Conor McGregor’s Proper No. Twelve Irish whiskey first launched in 2018
On 23 February 2021, Mexico-based Becle announced it had exercised its call option to take a 51% stake in Eire Born Spirits (EBS), owner of McGregor’s Proper No. Twelve Irish whiskey.
Becle has owned a 49% stake in EBS since May 2020, when it completed the purchase of an additional 29% stake in the company.