Settlement helps the long-term development of premium whiskey model Smoke Wagon
HOUSTON, TX (September 5, 2024) – Superior Spirits is happy to announce the closing of a multimillion-dollar take care of Nevada Distilling Co., the makers of Smoke Wagon bourbon and rye whiskeys. On this settlement, Superior Spirits will safe barrels of Smoke Wagon’s bourbon and rye from long-time distilling companion MGP to make sure the long-term development and stability of Smoke Wagon’s premium whiskey choices.
Superior Spirits, based in 2022, affords a singular barrel financing program by buying barrels straight from suppliers and retaining possession of them all through the financing time period. This mannequin grants model clients exclusivity over the barrel stock and permits them to purchase the barrels from Superior Spirits at predetermined, mounted costs sooner or later.
“We’re thrilled to announce our new partnership with Smoke Wagon. Since launching in 2012, their experience in barrel procurement and mixing constantly distinguishes their whiskeys from the competitors. What began as a cult following has now develop into a family identify, and we’re excited to help their continued success. This partnership wouldn’t have been attainable with out MGP, who we have now a fantastic working relationship with,” stated Rob Arnold, Ph.D., president of Superior Spirits.
Smoke Wagon affords 4 bourbon and three rye whiskey expressions in 30 states, incomes high awards, together with a number of Double Gold Medals on the San Francisco World Spirits Competitors.
“Barrel stock is crucial for Smoke Wagon’s long-term development. We deeply worth Superior Spirits’ swift execution and their eager understanding of our model’s enterprise wants. This strategic partnership permits us to focus our capital on increasing Smoke Wagon’s model presence and affect,” stated Aaron Chepenik, co-owner of Nevada Distilling Co.
About Superior Spirits
Superior Spirits, LLC is an progressive trade development collaborator that makes a speciality of the procurement, financing, and ageing of whiskeys for his or her model companions. Additionally they have intensive expertise in operations, sensory science, and taste chemistry, which their model companions can leverage to make sure high quality and drive innovation. Superior Spirits is a sister firm of Barrel Hub, LLC, which is the primary e-commerce platform for the wholesale bulk whiskey market. Each Superior Spirits and Barrel Hub are led by Rob Arnold, Ph.D., former Grasp Distiller for TX Whiskey. For extra info go to www.advanced-spirits.com and www.barrel-hub.com.
About Nevada Distilling Co.
Based in 2012 by Aaron Chepenik and Jonathan Hensleigh, Nevada Distillery Co. is a premier distillery positioned in Las Vegas, Nevada. They’re identified for producing the award-winning Smoke Wagon Whiskey and Silver Greenback Vodka. Each manufacturers have garnered vital acclaim within the trade, together with a number of Double Gold Medals at prestigious competitions just like the San Francisco World Spirits Competitors. Nevada Distilling Co. makes use of a particular ageing course of for whiskey that advantages from the Nevada desert’s local weather, enhancing the flavour profiles and differentiating their manufacturers. Bottles characteristic designs impressed by Nevada’s wealthy historical past, together with the long-lasting sagebrush masking and duplicate of the Morgan silver greenback. Nevada Distilling’s dedication to high quality and innovation has attracted an ever-growing, loyal following.
About MGP
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MGP Elements, Inc. (Nasdaq: MGPI) is a number one producer of premium branded and distilled spirits, in addition to meals ingredient options. Since 1941, we have now mixed our experience and power aimed toward formulating excellence, bringing product concepts to life collaboratively with our clients. As one of many largest distillers within the U.S., MGP’s choices embrace bourbon and rye whiskeys, gins, and vodkas, that are created on the intersection of science and creativeness, for purchasers of all sizes, from crafts to multinational manufacturers. With distilleries in Kentucky and Indiana, and bottling operations in Missouri, Ohio, and Northern Eire, MGP has the infrastructure and experience to create on any scale.
