Castle Brands Makes Big Buy Of Bourbon Stock

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Castle Brands, owners of Jefferson’s Bourbon, has made a major investment in their future stake in the American Whiskey sector by purchasing $4.2 million in aged and new-fill bourbon whiskey stock. These January 4th purchases are on top of acquisitions already made for the current fiscal year, bringing their total investment in bourbon whiskey stocks to $9.6 million.

Jefferson’s Bourbon is one of the top 5 selling premium Bourbon brands, and the only one not held by owned by a one of the giant drinks companies.

Last October, Castle Brands expanded their stake in Kentucky Artisan Distillery to 25% as part of their wider American Whiskey holdings.

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