MGP

A New Era for Blended American Whisky (Episode 1004: May 14, 2023)

Blended American Whisky has been ignored by connoisseurs for many years, largely because the category has been dominated by cheap blends using grain neutral spirits. Now, there’s a new era for Blended American Whisky as blenders explore the flexibility the category offers, from being able to blend Bourbons and Ryes with other styles of whisky to being able to use whisky matured in used barrels. We’ll talk with master blender Ari Sussman about the trend in this week’s WhiskyCast In-Depth. In the news, Australian distillers are in a dispute over what should be called a “single malt,” Russian officials raid Read More »

SOLD: MGP Acquires Penelope Bourbon for $100M+ Price Tag

MGP

Another day, another 9 figure brand acquisition in the booming Bourbon Industry…MGP Ingredients has announced plans to acquire Penelope Bourbon, a family and founder run NDP (Non Distilling Producer), for $105 million in cash to be paid at closing. The transaction is expected to carry through by June 2023. The acquisition will be for 100% […]

The post SOLD: MGP Acquires Penelope Bourbon for $100M+ Price Tag first appeared on The Bourbon Review.

MGP Ingredients to Acquire Penelope Bourbon

The upfront consideration is $105.0 million in cash to be paid at closing, with further potential earn-out contingent consideration of up to a maximum cash payout of $110.8 million measured through December 31, 2025 if certain performance conditions are met.

Remus Gatsby Reserve Review

The latest in the Remus Bourbon family, the Remus Gatsby Reserve, celebrates F. Scott Fitzgerald’s classic novel, “The Great Gatsby,” which examines prohibition-era America during the Jazz age. The bourbon, crafted by master distiller Ian Stirsman and his team at Ross & Squibb Distillery, is made with 15-year-old reserves of straight bourbon whiskey. How is it? Check out our review!

The post Remus Gatsby Reserve Review appeared first on Bourbon Obsessed℠ .

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