Next Century Spirits (NCS) has announced the acquisition of six brands previously owned by Southwest Spirits & Wine (SSW).
As per the company’s statement, the acquisition signifies a pivotal step in NCS’s aim to broaden its brand portfolio and strengthen its position as one of the top suppliers in the industry.
In this deal, NCS will take ownership of the Nue Vodka brand, known for its annual sales volume of about 220,000 9-liter cases spanning 29 states. Furthermore, NCS will also acquire The Other 49 Bourbon, Sixty Men Bourbon, Calamity Gin, Henderson Whiskey, and George Ocean Rum.
Continue Exploring: Bacardi India intensifies focus on premiumization as demand for high-end spirits surges
These brands become part of NCS’ portfolio, complementing offerings like Bear Fight American Single Malt Whiskey, Numbskull Cool Mint & Chocolate Flavored Whiskey, Creek Water American Whiskey, and the ready-to-drink Caddy Cocktails.
Anthony Moniello, co-CEO of NCS, expressed excitement, stating, “We’re delighted to broaden our portfolio with these brands, notably Nue Vodka. Our goal is to establish ourselves as a reliable, enduring spirits partner with a varied portfolio, and the recent acquisition of SSW brand assets enables us to diversify our business and expedite our timeline.”
Rob Mason, co-CEO of NCS, chimed in, saying, “We’re enthusiastic about enlarging the Next Century Spirits portfolio to cater to consumer needs. The Southwest Spirits portfolio comprises an impressive array of youthful brands that align with significant consumer trends, propelling us significantly into the vodka, gin, and bourbon categories.”
The specifics of the transaction were not revealed.
Continue Exploring: US non-alcoholic spirits market projected to soar to $13 Million by 2027: GlobalData Report
