BRINDIAMO GROUP ACTS AS THE EXCLUSIVE ADVISOR TO BARDSTOWN BOURBON COMPANY IN CONSTELLATION BRANDS’ ACQUISITION OF A MINORITY STAKE
Strategic Investment Provides the Fast-Growing, Largest New Whiskey Distillery in the United States with Strong Partner for Future Growth
NASHVILLE, Tenn., Oct. 18, 2016
NASHVILLE, Tenn., Oct. 18, 2016 /PRNewswire-iReach/ — Brindiamo Group announced today that it acted as the exclusive advisor to the Bardstown Bourbon Company (BBCo), the largest new whiskey distillery in the United States, in achieving a minority interest from Constellation Brands.
“Jeff Hopmayer with Brindiamo, was essential in assisting us in this transaction, he knows what it takes to get a transaction completed, and provided expert advice throughout the process,” said David Mandell, President & CEO of The Bardstown Bourbon Company. This strategic opportunity provides BBCo with a strong platform to develop new brands and create a long-term supply of authentic, Kentucky whiskey, bourbon, and rye.
The Bardstown Bourbon Company recently developed a unique space in the American whiskey market with a first-of-its-kind Collaborative Whiskey, Bourbon, and Rye Distilling Program, which promises to expand the explosive growth of the craft distilling industry. Led by Bourbon Hall of Fame Master Distiller, Steve Nally – a 40-year veteran of the spirits industry and the former Master Distiller of Maker’s Mark – BBCo offers one of the most experienced whiskey-distilling production teams in the industry, with an average of 15+ years of experience working on world-class whiskey brands.
BBCo began commercial production in September 2016 and recently announced that it was already preparing to expand its current 1.5 million proof gallon capacity based on the success of the Collaborative Distilling Program. Over time, capacity will be expanded to 6 million proof gallons within the current design. Set on 100 acres of active farmland and adjacent to the Bluegrass Parkway, BBCo’s Napa Valley style destination experience, features a unique and transparent educational experience, high-end tours and tastings, integrated visitors center and event space.
The Bardstown Bourbon Company will continue to operate independently. Brindiamo Group acted as the exclusive advisor on the transaction.
ABOUT THE BRINDIAMO GROUP
Brindiamo Group is a consultancy firm dedicated exclusively to the global wine and spirits industry with offices in the USA and in Europe. www.brindiamogroup.com
ABOUT THE BARDSTOWN BOURBON COMPANY The Bardstown Bourbon Company is a celebration of the art of making whiskey. No secrets, mythical stories, or fabricated legends, the Bardstown Bourbon Company celebrates the craft of making great whiskey and the Bardstown community that brings bourbon to the world. BBCo started commercial production in September 2016 and is producing whiskey, bourbon, and rye for its own brands as well as for its Collaborative Distilling Program partners. Located in the “Bourbon Capital of the World,” BBCo’s $25 million destination experience includes a first-of-its-kind Napa Valley style campus featuring a state-of-the-art whiskey distillery, unique and transparent educational experience, integrated visitors center, event space, whiskey library and bar, and eventually a restaurant and boutique hotel. The company was founded in 2014 by Peter Loftin, David Mandell, Daniel Linde, and Garnett Black. To learn more about The Bardstown Bourbon Company visit: www.bardstownbourbon.com
Media Contact: Jeff Hopmayer, Brindiamo Group, 615-668-7696, firstname.lastname@example.org
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SOURCE Brindiamo Group