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TWiB: MGP Acquires Penelope Bourbon for $215M, Elijah Craig Barrel Proof Changes Age Statement, Mark Brown Steps Down as CEO of Sazerac

It's This Week in Bourbon for May 12th 2023. MGP and Luxco will acquire Penelope Bourbon for up to $215M, Elijah Craig Barrel Proof moves to variable age stated releases, and Mark Brown will step down as CEO and president of Sazerac in July.

Show Notes:

MGP and Luxco will acquire Penelope Bourbon for up to $215M

B.R. Distilling Company now offers tours at the distillery

Elijah Craig Barrel Proof moves to variable age stated releases

Wenzel Whiskey has acquired assets and an inventory of aged spirits from Ghost Coast Distillery

Mark Brown will step down as CEO and president of Sazerac in July…

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