MGP Ingredients

MGP Ingredients, a leading provider of distilled spirits, branded spirits, and food ingredient solutions, has announced that its subsidiary Luxco  has reached an agreement to purchase Penelope Bourbon and its assets. In a press release, MGP Ingredients said the deal includes a portfolio of high-quality whiskeys in the premium plus price tiers, as well as intellectual property and inventory. David Colo, president and CEO of MGP Ingredients, commented: “We are …