Bacardi Enters American Whiskey Category

This one has been out there for a while, but Bacardi confirmed today that it has acquired Louisville Distilling Co. and the Angel's Envy brand. The transaction closed on March 27, but financial details were not disclosed. "We have a clear strategy aligned to meet consumer needs in premium spirits and are building an even stronger portfolio through innovation and acquisition. The purchase of Angel's Share Brands and the Angel's Envy portfolio further reinforces our commitment to growing the super-premium