Next Century Spirits Purchases Blue Chair Bay Rum

Dear Client: North Carolina-based Next Century Spirits (NCS) announced today the acquisition of Blue Chair Bay Rum. Financial details of the deal were not disclosed.  The rum brand was created by country music artist Kenny Chesney in 2013 and is currently at about 150,000 cases annually, Next Century co-ceo Anthony Moniello tells WSD. Kenny will be "one of NCS's largest percentage owners and will play an integral role moving forward," per release.  Currently, Blue Chair Bay offers a range of