Constellation Brands acquires Kentucky-based distillery Copper & Kings
Constellation Brands, a leading multinational beverage alcohol company, has acquired Copper & Kings American Brandy Company based in Louisville, Kentucky, a state-of-the-art craft distillery that has been producing American brandy, absinthe, gin and highly differentiated spirits since 2014.
The move aligns with the multinational’s strategic plan to broaden its portfolio of premium products through the acquisition of strong and distinctive brands.
“Copper & Kings American Brandy represents a significant growth opportunity for us and reinforces our continued commitment to premium spirits,” said Bill Newlands, president and chief executive officer of Constellation Brands. “American Craft Brandy is a fast-growing category that resonates with consumers, specifically among whiskey drinkers, and provides an excellent bridge between fine wine and craft bourbon.”
Copper & Kings’ privileged position in the American market will also be a valuable opportunity for Constellation Brands to drive brand awareness among end consumers..