Drinks giants secures deal to buy one of New Zealand's pioneering premium spirits producers

dailyrecord.co.uk:

A global drinks business based in Lanarkshire has purchased one of New Zealand's pioneering premium spirits producers.International Beverage is "delighted" to announce its acquisition of Cardrona Distillery for an "undisclosed fee".The deal includes the Cardrona Distillery and visitor centre near Wanaka in New Zealand’s Crown Range Mountains, plus Cardrona’s portfolio of super-premium brands including Cardrona single malt whisky, The Reid Vodka, The Source Gin and the Rose Rabbit liqueurs.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android The news quickly follows on from the Airdrie firm's acquisition of the Larsen Cognac business and will give International Beverage "a foothold in the dynamic New World spirits category" to complement its established and highly successful Scotch whisky and spirits brands.Cardrona is celebrated as one of New Zealand’s most innovative craft spirits producers.

Its spirits are produced from grain to glass at the site and have earned multiple accolades since launch, including category wins over four consecutive years at the World Whiskies Awards.International Beverage will focus on investment in the purpose-built distillery site and maximising the potential of Cardrona’s brands in the core New Zealand, UK and USA markets.It will also deploy International Beverage’s global network to