US vodka producer Victor George Spirits (VGS) has acquired a majority stake in Palm Beach Distillery, as it looks to become “the largest black-owned spirits company in the world by 2025”.
Founded in 2017, Palm Beach Distillery, which is said to be Florida’s first female-operated distillery, manufactures vodka, rum and gin, and will begin producing several new VGS products, such as Pullman Porters 1867 rye whiskey and Fort Mose’ bourbon.
According to VGS, Pullman Porters 1867 is a six year-aged rye whiskey named after former slaves that became the highest-paid black people of the 1860s. Meanwhile, Fort Mose’ bourbon is named after the first US city where black people could live freely, located outside of St Augustine, Florida.
The new brands will be released in February 2022 in honour of Black History Month.
“This is very exciting for our team at Victor George Spirits as we continue to expand our footprint across the US,” said VGS founder, Victor G Harvey. “We are rapidly adding to our quality portfolio of brands and will be acquiring additional distilleries with a plan to be the largest black-owned spirits company in the world by 2025.”
Terms of the transaction were not disclosed.
© FoodBev Media Ltd 2021
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