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Davide Campari-Milano N.V. (DVDCF)
- Reuters
Chinese liquor makers endeavour to give Westerners a taste for baijiu
Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in New York, Los Angeles and London, as sales at home slow. While sales in China are still rising, top baijiu makers like Kweichow Moutai face far slower growth than in the past as younger generations increasingly opt for alternatives to the country's national liquor. Now, in a bid to find new pockets of growth, some major makers of the colourless liquor are starting to pitch it to Western consumers outside of China for the first time.
- PR Newswire
THE GLEN GRANT UNVEILS "THE GLASSHOUSE COLLECTION": A NEW PRESTIGE RANGE FEATURING THE OLDEST AGED SINGLE MALT SCOTCH WHISKIES IN THE PERMANENT PORTFOLIO
The Glen Grant Single Malt Scotch Whisky, nestled in the heart of Speyside, today unveils The Glasshouse Collection: a new prestige range featuring the oldest aged expressions ever in the distillery's permanent collection. The Glen Grant 21-Year-Old is joined by The Glen Grant 25-Year-Old and 30-Year-Old Single Malt Scotch Whiskies to form a collection of rare single malts which celebrate the unparalleled aging of whiskies from the over 180-year-old distillery.
- Reuters
Campari has taste for more M&A after Courvoisier deal, new CEO says
Campari will seek further M&A opportunties after completing the buyout of French cognac house Courvoisier, the new head of the Italian drinks group said on Tuesday. The group completed the 1.22-billion euro ($1.3 billion)acquisition of Courvoisier last week, earlier than expected by analysts. It was the largest ever deal for Campari, whose brands include the Aperol aperitif, Espolon tequila and Wild Turkey whisky.
