Constellation Brands acquires brandy distillery company Copper & Kings American

Image courtesy: Bourbon & Banter

USA – Constellation Brands, Inc., a leading beverage alcohol company, has announced that it has acquired the Copper & Kings American Brandy Company, a brandy distillery in Kentucky.

This move aligns with Constellation’s wine and spirits vision to be a bold and innovative, high-end portfolio of distinctive brands and products that deliver exceptional consumer experiences. Terms of the agreement were not disclosed.

ADVERT

“As an innovative distillery regarded for its experimental attitude and highly rated craft spirits, Copper & Kings American Brandy represents a significant growth opportunity for us and reinforces our continued commitment to premium spirits,” said Bill Newlands, president and chief executive officer, Constellation Brands.

“American Craft Brandy is a fast-growing category that resonates with consumers, specifically among whiskey drinkers, and provides an excellent bridge between fine wine and craft bourbon. Copper & Kings’ prime location in Bourbon Country also presents an opportunity for Constellation to drive brand awareness and further expand the brand’s direct-to-consumer and retail routes to market.”

Copper & Kings American Brandy was initially a minority investment through Constellation’s venture capital group. Since 2017, Constellation and Copper & Kings have been working to gain a deeper knowledge of the American Craft Brandy category and increase awareness and distribution of the Copper & Kings brand.

“As Copper & Kings moves into this next phase, we feel immense pride in what we’ve accomplished together with Constellation Brands,”

Joe Heron – Founder and CEO

“With entrepreneurship and quality being part of Constellation’s core values, it’s gratifying to see those values come to life through our first full Ventures acquisition in Copper & Kings,” said Jennifer Evans, vice president of Constellation Ventures.

“When making a Ventures investment, we look for brands that want to push boundaries, grow with consumers, and expand their current markets. Copper & Kings checks all those boxes, and we look forward to integrating them into our wine and spirits portfolio.”

Copper & Kings American Brandy is a cutting-edge distillery that produces highly differentiated American Brandy, absinthe, gin, and Destillaré liqueurs, with a tasting room and restaurant located in the heart of Bourbon Country in Louisville, Kentucky.

“As Copper & Kings moves into this next phase, we feel immense pride in what we’ve accomplished together with Constellation Brands,” said founder and CEO Joe Heron.

ADVERT

“Copper & Kings and Constellation have had a symbiotic relationship right from the start. Because of that shared culture of innovation, entrepreneurship, and respect for the environment, as well as a good personal relationship, Lesley and I know we are leaving Copper & Kings in good hands. The stars are beautifully aligned.”

Copper & Kings American Brandy was founded in 2014 by beverage industry entrepreneurs Joe and Lesley Heron, and uses small batch copper pot-distillation and unconventional methods, like sonic aging and solera blending, to craft a variety of non-traditional and highly innovative spirits.

Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.