USA: Next Century Spirits acquires Southwest Spirits & Wine

Next Century Spirits, a US-based distilled spirits and marketing firm, has announced the acquisition of a majority stake in the brand assets of Texas-based peer Southwest Spirits & Wine.

In a press release, Next Century Spirits said the deal included the Nue Vodka brand, which has an approximate annual volume of 220,000 9 litre cases across 29 states, as well as The Other 49 Bourbon, Sixty Men Bourbon, Calamity Gin, Henderson Whiskey and George Ocean Rum.

Commenting on the deal, Anthony Moniello, Co-CEO of Next Century Spirits, said: “We are thrilled to expand our portfolio with this collection of brands, including Nue Vodka. Our ambition is to become a trusted, long-term spirits partner with a diverse portfolio and the recent acquisition of Southwest Spirits & Wine brand assets allows us to diversify our business and accelerate our timeline”.

Next Century Spirits’ portfolio includes Bear Fight American Single Malt Whiskey, Numbskull Cool Mint & Chocolate Flavoured Whiskey, Creek Water American Whiskey and ready-to-drink Caddy Cocktails.

The transaction is said to involve the brand assets only, with Southwest Spirits & Wine remaining a separate entity.

Source: Next Century Spirits