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Mgp Ingredients Inc (MGPI) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
St. Louis distiller Luxco moves its corporate office from downtown to Maryville Centre as downtown vacancy climbs bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
MGP completes $475m Luxco acquisition 6th April, 2021 by Nicola Carruthers Third-party spirits producer MGP Ingredients has completed its acquisition of American whiskey maker Luxco in a deal valued at US$475 million. Luxco owns a number of Bourbon brands, including Rebel Yell MGP said the move was part of the firm’s long-term strategy focused on shifting to products of higher value, and would ‘significantly’ expand the business. Furthermore, the purchase will boost MGP’s gross margin and cash flow. Earnings per share are expected to gradually increase by low to middle single digits in the year after the deal has closed, MGP said. ....
Ann Sherman Lux: Conservationist, philanthropist and forever Southern belle stljewishlight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stljewishlight.com Daily Mail and Mail on Sunday newspapers.