Neptune Rum has a shot at global market with 50 per cent sale
Gloucestershire-based spirit-maker Neptune Rum says the sale of 50 per cent of its business to Babco UK is a springboard to a global market.
Neptune Rum sells 50 per cent of its business
Owners of Cheltenham-based Neptune Rum say the sale of 50 per cent of their business gives them a good shot at reaching the global market its product deserves.
James Strickland and his business partner Raymond Pugh revealed they bought the business and its assets of the brand from the administrator, KRE Corporate Recovery, in June last year.
Since its launch in 2017 Neptune Rum, which is made with pot and column still rums, and aged in American Bourbon oak casks, has grown 384 per cent and already captured numerous awards.