USA: Constellation Brands acquires stake in Durham Distillery

US-based alcoholic drinks firm Constellation Brands has announced it has acquired a minority stake in Durham Distillery, a craft gin, vodka, liqueur and ready-to-drink canned cocktail producer located in Durham, NC, USA.

The Durham Distillery product line includes Conniption Navy Strength Gin and Conniption American Dry Gin, Damn Fine Liqueurs (Chocolate, Mocha and Coffee), Cold Distilled Cucumber Vodka, and ready-to-drink canned cocktails (Conniption Gin & Tonic, Cucumber Vodka & Soda, and new Conniption Gin Rosé Spritz). The brand ranges are distributed outside of North Carolina and also internationally.

Durham Distrillery’s president and CEO Melissa Katrincic and her husband and head distiller Lee Katrincic will continue to manage, produce, market and sell the firm’s portfolio, Constellation Brands added.

Terms of the transaction were not disclosed.

Source: Constellation Brands