Cheers

Cheers

The Beverage Business Magazine for Full-Service Restaurants and Bars

  • Beverage Trends
    • Beer
    • Wine
    • Spirits
    • Wine Reviews
    • Marketing
    • Operations
  • Recipes
    • What I’m Drinking Now
    • Submit a Drink Recipe
  • Resources
    • eRNDC Login
    • SG Proof Login
    • CORE: Children of Restaurant Employees
  • Events & Awards
    • Cheers Beverage Summit
    • Growth Brands
    • BevX Awards
    • Supplier Awards
  • Podcasts
  • E-News
    • E-News Subscribe
  • Digital Issues
  • Cheers@Home

Constellation Brands Acquires Copper & Kings

09/15/2020

by: Melissa Dowling

Copper & Kings Northern Soul Apple Brandy

Constellation Brands is back to buying leading U.S. craft producers with the purchase, announced today, of Copper & Kings American Brandy Co.

The Louisville-based Copper & Kings is known for its large lineup of brandy, gin, absinthe and liqueur, with a wide range of experimental releases.

“As an innovative distillery regarded for its experimental attitude and highly rated craft spirits, Copper & Kings American Brandy represents a significant growth opportunity for us and reinforces our continued commitment to premium spirits,” says Bill Newlands, president and chief executive officer, 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’ prime location in Bourbon Country also presents an opportunity for Constellation to drive brand awareness and further expand the brand’s direct-to-consumer and retail routes to market.”

Copper & Kings American Brandy was initially a minority investment through Constellation’s venture capital group.

“With entrepreneurship and quality being part of Constellation’s core values, it’s gratifying to see those values come to life through our first full Ventures acquisition in Copper & Kings,” says Jennifer Evans, vice president of Constellation Ventures. “When making a Ventures investment, we look for brands that want to push boundaries, grow with consumers, and expand their current markets. Copper and Kings checks all those boxes, and we look forward to integrating them into our wine and spirits portfolio.”

Copper & Kings American Brandy was founded in 2014 by beverage industry entrepreneurs Joe and Lesley Heron, and uses small batch copper pot-distillation and unconventional methods, like sonic aging and solera blending, to craft a variety of non-traditional spirits.

Advertisement

“As Copper & Kings moves into this next phase, we feel immense pride in what we’ve accomplished together with Constellation Brands,” says founder and CEO Joe Heron. “Copper & Kings and Constellation have had a symbiotic relationship right from the start. Because of that shared culture of innovation, entrepreneurship, and respect for the environment, as well as a good personal relationship, Lesley and I know we are leaving Copper & Kings in good hands. The stars are beautifully aligned.”

Financial terms of the deal were not disclosed.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

constellation brands Constellation Brands acquisitions Copper & Kings American Brandy Co. craft spirits definition

Last modified: 09/23/2020

Templeton Rye Caribbean Rum Cask Finish Previous Story:
Templeton Rye Creates Caribbean Rum Cask Finish
closed restaurant Next Story:
NRA: 100,000 Restaurants Closed Due To COVID-19

About the Author: Melissa Dowling

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow Us

Facebook
Twitter

In The News

  • World’s Longest Bar Opens in Tennessee
  • White Claw Launches Vodka Line
  • Pernod Ricard Buying Skrewball
  • Lux Row Introduces Rebel 100 Rye Whiskey
  • The Kraken Launches Gold Spiced Rum
  • Podcast: Elizabeth McCall, Woodford Reserve’s New Master Distiller
More News >>

Featured Drink

  • Cottontail Daiquiri
    Cottontail Daiquiri

Drink Recipes

  • 10 Spring Cocktails For 2023
  • Cottontail Daiquiri
  • Unique Irish Coffee Experiences
  • Pinch of Green
  • Irish Twists on Classic Cocktails

Current Issue

Cheers Current Issue

Cheers Magazine

  • About Cheers
  • Advertise
  • Contact Us
  • Subscribe
  • Market Research

Events & Awards

  • Beverage Excellence Awards
  • Cheers Beverage Summit
  • Growth Brands Awards

Magazines

  • Cheers
  • Beverage Dynamics
  • StateWays
  • Beverage Wholesaler
  • Beverage Handbooks (research)

E-Newsletters

  • Better Bartending
  • Cheers
  • Beverage Dynamics
  • StateWays
  • Beverage Wholesaler
  • Beverage Universe
  • Cannabis Regulator
  • About EPG Brand Acceleration
  • Send File
  • Privacy Policy
© Cheers Magazine. All rights reserved.