Friday, March 1, 2024

Illva Saronno buys majority of Sagamore Spirit – Drinks Worldwide

Italian drinks firm and proprietor of Disaronno and Tia Maria, Illva Saronno Group, has purchased a majority stake in US rye whiskey model and distillery, Sagamore Spirit.

The deal marks Illva Saronno’s first foray into the American rye whiskey class because it hopes to strengthen the group’s presence within the US, increasing its whiskey portfolio past The Busker Irish Whiskey.  

Aldino Marzorati, CEO of Illva Saronno Holding S.p.A, stated: “Now we have all the time held the US market and this operation permits us to strengthen our portfolio with an organization and merchandise that we absolutely imagine in.

“In step with our technique of constant development as world chief within the spirits business, with Sagamore Spirits we have now the chance to enter the engaging bourbon whiskey class and exploit its development potential round 160 nations the place we have already got a presence with Disaronno,” Marzorati added. 

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