Luxco to buy Penelope Bourbon for $105m - The Spirits Business
American whiskey company Luxco, a subsidiary of MGP Ingredients, has agreed to buy Penelope Bourbon for US$105 million.
Source: thespiritsbusiness.com
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MGP Ingredients to Acquire Penelope Bourbon
Premium plus American Whiskey brand consistent with MGP’s premiumization strategy focused on gross margin accretive growth brandsATCHISON, Kan., May 08, 2023 -- MGP Ingredients, Inc. , a... | May 8, 2023
Source: marketscreener.com
MGP To Pay Over $100 Million For Penelope Bourbon
In a move which showcases the continued economic winds of fortune for a good number of American whiskey brands, MGP announced today it is spending over $100 million to acquire Penelope Bourbon.
Source: thewhiskeywash.com
MGP Ingredients Reports Strong First Quarter 2023 Results
Consolidated sales increased 3% from prior year periodContinued strength across each business segment ATCHISON, Kan., May 04, 2023 -- MGP Ingredients, Inc. , a leading provider of distilled... | May 4, 2023
Source: marketscreener.com
MGP Names Curtis Landherr Chief Legal Officer
Landherr brings over 25 years of law firm and in-house legal experience across a variety of industries to the new role, which he will start October 17, 2022.
Source: pressreleasepoint.com