375 Park Avenue Spirits and International Beverage Holdings LTD Part Ways – Whisky News
375 PARK AVENUE SPIRITS AND INTERNATIONAL BEVERAGE HOLDINGS LTD PART WAYS
LOUISVILLE, KY (April 29, 2020) — 375 Park Avenue Spirits which specializes in importing superior spirits brands from across the globe, and International Beverage Holdings LTD, one of the industry’s most dynamic global drinks businesses are announcing they will be parting ways.
375 Park Avenue Spirits began working with International Beverage Holdings LTD in August 2015 shortly after joining Sazerac as an independent, yet fully integrated sales company. Many collective successes were achieved over the last 4+ years but both companies have continued to evolve and after careful consideration both International Beverage Holdings LTD, and 375 Park Avenue Spirits decided that a parting of ways would be best for both sides to achieve the growth aspirations each has in the U.S. market.
With this departure, 375 Park Avenue Spirits will no longer represent the International Beverage Holdings Ltd. spirit portfolio, including its Inver House Distillers subsidiary responsible for single malt whiskies Speyburn, Old Pulteney, Balblair, and anCnoc as well as Hankey Bannister blended Scotch, Caorunn Gin, Phraya Rum and Mekhong.
This transition is underway and is expected to be finalized by June 1.
About International Beverage Holdings Ltd
Inver House Distillers is a wholly owned subsidiary of International Beverage Holdings Ltd, producing its Scotch whiskies and gin at five distilleries around Scotland: Pulteney, Speyburn, Knockdhu, Balblair and Balmenach. The business has won many prestigious accolades over the years, including the Icons of Whisky Distiller of the Year Award for Scotland (2017).
About 375 Park Avenue Spirits
Specializing in superior brands from around the world that drive innovation, the 375 Park Avenue Spirits portfolio spans the premium- to luxury-spirit categories and includes numerous expressions from leading international producers. Founded as Luctor International, LLC in 1981, 375 Park Avenue Spirits joined the Sazerac Company in early 2015 to act as an independent, yet fully integrated sales affiliate. The company is known today for creating an environment of growth for supplier partners in the domestic market for renown brands like Van Gogh Vodka from Holland, Sobieski Vodka from Polland, Cutty Sark Scotch from Scotland, J.P. Wiser’s Canadian Whisky, Paul John Single Malt Whisky from India, Scapegrace Gin from New Zealand and many others. For more information on 375 Park Avenue Spirits, please visit www.375park.com.
About Sazerac
Sazerac is one of America’s oldest family owned, privately held distillers with operations in the United States in Louisiana, Kentucky, Indiana, Virginia, Tennessee, Maine, New Hampshire, South Carolina, Maryland, California, and global operations in the United Kingdom, Ireland, France, India, Australia and Canada. For more information on Sazerac, please visit www.sazerac.com.
