Castle Brands

No Sleep Beverage Launches With Five Alcohol Beverage Brands

Retrieved on: 
Thursday, December 14, 2023

We’re bringing the best resources from both sides by providing many of the services that large companies offer while maintaining the creativity and agility of entrepreneurial ventures.”

Key Points: 
  • We’re bringing the best resources from both sides by providing many of the services that large companies offer while maintaining the creativity and agility of entrepreneurial ventures.”
    No Sleep Beverage partners with alcohol beverage brands to take their visions from early-stage to high-growth.
  • Since its fundraising close in April 2023, No Sleep Beverage has invested in and partnered with five brands: Barr Hill Gin, Solento Tequila, Nine Banded Whiskey, Juliet Wine, Soley Beverage.
  • This sentiment reflects No Sleep Beverage's commitment to providing holistic support for alcohol beverage brands to help ensure sustained growth in an increasingly complex and competitive industry.
  • Over the next 12 months, No Sleep Beverage will raise capital to pursue six to eight more transactions supporting emerging alcohol beverage brands.

Mash & Mallow Launches Delicious S'mores Whiskey Inspired By The Great American Outdoors

Retrieved on: 
Wednesday, October 4, 2023

LOUISVILLE, Ky., Oct. 4, 2023 /PRNewswire/ -- Mash & Mallow, a new craft whiskey brand, today announced its debut whiskey with flavors of rich chocolate, toasted marshmallow and graham cracker for an authentic s'mores-influenced experience. Inspired by the great outdoors and reminiscent of long nights beside the fire, the premium whiskey presents a smooth, smoky finish perfect for crisp fall nights ahead.  

Key Points: 
  • Inspired by the great outdoors and reminiscent of long nights beside the fire, the premium whiskey presents a smooth, smoky finish perfect for crisp fall nights ahead.
  • Founded by Kentucky Bourbon Hall of Fame Whiskey Maker, Kaveh Zamanian, in partnership with Pernod Ricard, Mash & Mallow is yet another demonstration of Zamanian's commitment to pushing the boundaries of whiskey making.
  • Mash & Mallow exudes a smoky aroma with a subtle melding of flavors such as graham cracker, chocolate, roasted marshmallow and sweet confectionary sugar.
  • Roasted and toasted to perfection, the whiskey's mash bill features 97% corn whiskey and 3% rye whiskey, alongside added flavors.

AVALON SPIRITS ANNOUNCES ACQUISITION OF TSS BRANDS, THE OWNERS OF WHISKEY ROW BOURBON

Retrieved on: 
Thursday, September 21, 2023

MIAMI, Sept. 21, 2023 /PRNewswire/ -- Avalon Spirits Corporation, a newly formed distilled spirits marketing and sales company, has announced the acquisition of TSS Brands, the owners of Whiskey Row Bourbon.

Key Points: 
  • MIAMI, Sept. 21, 2023 /PRNewswire/ -- Avalon Spirits Corporation, a newly formed distilled spirits marketing and sales company, has announced the acquisition of TSS Brands, the owners of Whiskey Row Bourbon.
  • The goal of Avalon is to acquire and build an elite portfolio of super premium spirits brands both fully owned and with appropriate partners.
  • Avalon's first brand is Whiskey Row, the brainchild of Steve Thompson, a legendary whiskey executive and member of the Bourbon Hall of Fame.
  • "The acquisition of Whiskey Row will allow Avalon to start operations with a super-premium brand conceived and developed by one of the foremost experts in the bourbon industry", said Mr. Glover.

HERCULES MULLIGAN ANNOUNCES EXPANSION TO 41 TOTAL U.S. MARKETS

Retrieved on: 
Thursday, June 1, 2023

NEW YORK, June 1, 2023 /PRNewswire/ -- Hercules Mulligan will now be available in over 40 markets across the United States. The distribution network has been built via independent local brand-building distributors combined with strong regional partners such as RNDC, Martignetti, and Empire. The ready-to-serve brand is experiencing a phenomenal surge in sales, with an impressive year-on-year volume growth of 168%.

Key Points: 
  • To fuel growth and expansion, Hercules Mulligan has raised over $3 million from its enthusiastic consumer following on-line and various industry luminaries
    NEW YORK, June 1, 2023 /PRNewswire/ -- Hercules Mulligan will now be available in over 40 markets across the United States.
  • Born out of the COVID-19 pandemic, Hercules Mulligan quickly became one of the fastest-growing ready-to-serve brands in the country through a direct-to-consumer push initially.
  • Three years ago, Hercules Mulligan co-founder and spirits industry veteran Steve Luttmann teamed up with Grisa Soba, co-founder of Flaviar, leading members club for fine spirits enthusiasts, and Mario Mazza of Mazza Vineyards, who became the master distiller for Hercules Mulligan Company.
  • Hercules Mulligan the brand was inspired by the man himself – the tailor, Irish immigrant, spy and unsung hero of the American Revolution.

Pernod Ricard Doubles Down on the Sustainable Future of American Whiskey with Kentucky Investment

Retrieved on: 
Thursday, December 8, 2022

NEW YORK, Dec. 8, 2022 /PRNewswire/ -- Pernod Ricard today announced a significant move to further leverage the strong growth – and growth potential – of its premium American whiskey portfolio, The American Whiskey Collective. The world's second largest wine and spirit company will invest approximately $250 million over five years to build a state-of-the-art, carbon neutral distillery, with related aging warehouses in Marion County, Kentucky for its fast-growing Jefferson's Bourbon brand. This investment will also include the build of a world class visitor center facility that will welcome whiskey aficionados on the historic South Trail of Kentucky Bourbon.

Key Points: 
  • This investment will also include the build of a world class visitor center facility that will welcome whiskey aficionados on the historic South Trail of Kentucky Bourbon.
  • "American whiskey is an extremely vibrant spirits category, and our strategic investments over the last few years have proven successful," said Alexandre Ricard, Chairman and CEO, Pernod Ricard.
  • Pernod Ricard has announced the intention for this new distillery to be carbon neutral once operational.
  • Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.

Pernod Ricard Completes Acquisition of Castle Brands

Retrieved on: 
Wednesday, October 9, 2019

Pernod Ricard (Euronext ticker RI; ISIN Code: FR0000120693) and Castle Brands Inc. (NYSE American: ROX) announced today the successful completion of the acquisition of Castle Brands by a subsidiary of Pernod Ricard S.A., through a cash tender offer followed by a short-form merger.

Key Points: 
  • Pernod Ricard (Euronext ticker RI; ISIN Code: FR0000120693) and Castle Brands Inc. (NYSE American: ROX) announced today the successful completion of the acquisition of Castle Brands by a subsidiary of Pernod Ricard S.A., through a cash tender offer followed by a short-form merger.
  • On this occasion Alexandre Ricard, Chairman & Chief Executive Officer of Pernod Ricard, stated: Were thrilled about the closing of the Castle Brands acquisition and the opportunity it offers us in the worlds largest spirits market, the US, a priority market for the Group.
  • A total of 150,335,952 shares of common stock of Castle Brands, representing approximately 89.52% of the outstanding Castle Brands shares, were validly tendered into (and not validly withdrawn from) the tender offer.
  • As a result of the tender offer and the merger, Castle Brands became an indirect wholly owned subsidiary of Pernod Ricard and Castle Brands common stock will cease trading on the NYSE American.

Castle Brands Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Castle Brands Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ROX

Retrieved on: 
Thursday, August 29, 2019

NEW YORK, Aug. 28, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Castle Brands Inc.(NYSE: ROX) to Pernod Ricard for $1.27 per share is fair to Castle Brands shareholders.

Key Points: 
  • NEW YORK, Aug. 28, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Castle Brands Inc.(NYSE: ROX) to Pernod Ricard for $1.27 per share is fair to Castle Brands shareholders.
  • On behalf of Castle Brands shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • If you are a Castle Brands shareholder and would like to discuss your legal rights and options, please visit Castle Brands Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] .
  • The Castle Brands merger investigation concerns whether Castle Brands and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Castle Brands shareholders; (2) determine whether Pernod Ricard is underpaying for Castle Brands; and (3) disclose all material information necessary for Castle Brands shareholders to adequately assess and value the merger consideration.