©Phillips Distilling Co
US spirits company Phillips Distilling has agreed to acquire 100% ownership of Leroux and Kamora from Beam Suntory, adding to its cordial and liqueur portfolio.
Leroux produces 19 varieties of liqueurs and eight flavoured brandies, including Polish Blackberry Brandy. Kamora manufactures coffee liqueur in the US and Canada using savoury coffee beans infused with vanilla, chocolate and caramel.
The acquisition will expand the company’s extensive product line and align with its commitment to quality and craftsmanship.
Andy England, CEO of Phillips Distilling Co, commented: “The consumption of cordials and liqueurs in the United States continues to grow steadily and Phillips Distilling has always been at the forefront of innovation in this category”.
He continued: “Acquiring Leroux and Kamora is a natural fit for what we do best. We’re exceptional at differentiating flavour profiles and running small batches and changeovers that are critical to being successful in cordials and liqueurs. With our history and expertise in this category, this new acquisition will solidify our position as a market leader and gives us a fresh perspective to add to our expert blending and flavours teams.”
The transaction is expected to close on 1 December. Financial terms of the transaction have not been disclosed.
© FoodBev Media Ltd 2022
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