Global beverage leader Diageo announced that its new Kentucky whiskey distillery, which will distill Bulleit, is expected to be carbon neutral – one of the largest in North America, and a first for Diageo.
Originally launched in 2015, Savîle came out of distribution in 2018 to enhance the formula, rebrand from Savîle Premium Rumtini to the new Savîle Tropical Rum Cocktail, and offer new size options, moving away from the original liter bottle.
Next Century Spirits completed its final closing of a $6 million Series C fundraising round this week. The most recent funding round was led by the Blue Hill Group, a private equity firm based in Chapel Hill.
Satisfying the increasing demand for coffee and spirits-based RTD offerings, Nitro Cold Brew is a coffee cocktail made with rum, coffee liqueur and 100% Arabica cold brew coffee, steeped for at least 18 hours.
In this Spirits News Roundup, Bacardi completes its acquisition of craft distillery Stillhouse following the dismissal of a lawsuit by the brand against it, while Glen Moray names its next lead whiskey creator. Elsewhere, Pernod Ricard's CEO responds to public testimony by ex-employees slamming the company's drinking culture.
Straightaway Cocktails co-founder and CEO Cy Cain wants to help people enjoy quality craft cocktails at home and on-the-go. The company launched in 2018 and offers bottled ready-to-drink classic cocktails using house made zest, simple syrups and bitters.