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MGP Ingredients to buy Luxco for US$475m

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Baja California , United States , Luxco Bourbon , Luxcos Bourbon , Donn Lux , David Colo , Kentucky Bourbon , Rebel Yell , Kentucky Bourbons Ezra Brooks , Lux Row Distillery , பஜா கலிஃபோர்னியா , ஒன்றுபட்டது மாநிலங்களில் , டான் லக்ஸ் , டேவிட் வண்ணங்கள் , கெந்‌டகீ போர்பன் , ரெபெல் கத்தவும் , கெந்‌டகீ பெர்போன்ஸ் எஸ்ரா ஓடை , லக்ஸ் வரிசை டிஸ்டில்லரி ,

MGP to buy Luxco for $475m

MGP to buy Luxco for $475m
26th January, 2021 by Nicola Carruthers
Third-party spirits producer MGP Ingredients has agreed to acquire American whiskey maker Luxco in a deal valued at US$475 million.
Luxco owns a number of Bourbon brands, including Rebel Yell
The agreement to purchase Missouri-headquartered Luxco is in line with MGP’s strategy of moving into ‘higher valued-added products’.
MGP said Luxco offers an ‘established platform of extensive operational capabilities and a comprehensive national sales footprint with an attractive portfolio of brands’.
“Luxco presents a unique opportunity to take a material step towards realising our long-term strategy,” said David Colo, president and CEO of MGP Ingredients. “It significantly expands our product line in the higher-value branded-spirits sector and increases our sales and distribution capabilities across all 50 states. ....

United States , United Kingdom , Northern Ireland , Luxco Bourbon , Donn Lux , David Colo , Missouri Headquartered Luxco , Ezra Brooks , Rebel Yell , Odavies County , Lux Row Distillers , Niche Drinks , Lightbox Brands , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , டான் லக்ஸ் , டேவிட் வண்ணங்கள் , எஸ்ரா ஓடை , ரெபெல் கத்தவும் , டேவிஸ் கவுண்டி , லக்ஸ் வரிசை டிஸ்டில்லர்கள் , முக்கிய பானங்கள் , லைட்பாக்ஸ் பிராண்டுகள் ,

MGP Ingredients to Acquire Beverage Alcohol Firm Luxco

Distilled spirits and specialty wheat proteins and starches supplier MGP Ingredients Inc. has entered into a definitive agreement to purchase branded beverage alcohol firm Luxco Inc., the company announced in a release Monday. The deal will allow MGP to grow its market position in the branded spirits space.
“Luxco presents a unique opportunity to take a material step towards realizing our long-term strategy. It significantly expands our product line in the higher-value branded-spirits sector and increases our sales and distribution capabilities across all 50 states,” MGP’s president and CEO, David Colo, said in a statement. “We have enormous respect for the platform Luxco has built, and we’re excited to add its portfolio of fast-growing premium distilled spirits brands with strong, cash-flow generating legacy brands.” ....

Donn Lux , David Colo , Luxco Inc , Inkwood Research , Ingredients Inc , Ezra Brooks Bourbon Whiskey , Yellowstone Bourbon Whiskey , டான் லக்ஸ் , டேவிட் வண்ணங்கள் , மைவுட் ஆராய்ச்சி , பொருட்கள் இன்க் , எஸ்ரா ஓடை போர்பன் விஸ்கி , மஞ்சள் கல் போர்பன் விஸ்கி ,

MGP Acquires Luxco, Owners Of Brands Such As Ezra Brooks, Yellowstone Bourbon

MGP Acquires Luxco, Owners Of Brands Such As Ezra Brooks, Yellowstone Bourbon
MGP Acquires Luxco, Owners Of Brands Such As Ezra Brooks, Yellowstone Bourbon
MGP, an industrial level distillery out of Indiana known for being the whiskey source behind many popular American whiskey labels, has in its own in house stable a number of well regarded brands such as George Remus, Rossville Union and Remus Repeal Reserve. It has now added to these in a big way, acquiring branded beverage alcohol company Luxco.
The acquisition of Luxco by MGP, according to those behind it, will bring into the whiskey halls of the latter the likes of Ezra Brooks Bourbon Whiskey, Daviess County Straight Bourbon Whiskey, and Yellowstone Bourbon Whiskey, among others. ....

United States , Daviess County , George Remus , Donn Lux , David Colo , Rossville Union , Ingredients Inc , Remus Repeal , Ezra Brooks Bourbon Whiskey , Daviess County Straight Bourbon Whiskey , Yellowstone Bourbon Whiskey , ஒன்றுபட்டது மாநிலங்களில் , டேவிஸ் கவுண்டி , மஞ்சள் கல் , ஜார்ஜ் ரெமுஸ் , டான் லக்ஸ் , டேவிட் வண்ணங்கள் , ரோஸ்வில்லே தொழிற்சங்கம் , பொருட்கள் இன்க் , எஸ்ரா ஓடை போர்பன் விஸ்கி , டேவிஸ் கவுண்டி நேராக போர்பன் விஸ்கி , மஞ்சள் கல் போர்பன் விஸ்கி ,

MGP Ingredients, Inc. Announces Definitive Merger Agreement with Luxco

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
MGP Ingredients, Inc. Announces Definitive Merger Agreement with Luxco
MGP Ingredients, Inc.January 25, 2021 GMT
Consistent with MGP’s strategy of shifting into higher value-added products
Luxco represents a unique and attractive national spirits platform
Materially increases MGP’s scale in the branded-spirits sector and establishes an additional platform for future growth
Financially attractive and significantly diversifies the MGP business
ATCHISON, Kan., Jan. 25, 2021 (GLOBE NEWSWIRE) MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced a definitive agreement to acquire Luxco, Inc., and its affiliated companies (“Luxco”). Luxco is a leading branded beverage alcohol company across various categories, with a more than 60-year business heritage. For the unaudi ....

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