SPI Group Acquires Bayou Rum Producer

SPI Group announced it has fully acquired Louisiana Spirits, the makers of Bayou Rum, per a release. SPI Group purchased a majority stake in the company (72.5%) in June 2016. You may recall, at the same time its subsidiary Stoli Group USA took over US distribution of the Bayou Rum brand, marking the company's first foray into craft spirits. No purchase price was disclosed."This acquisition will allow our team to take this brand to the next level, working with the