Pernod Ricard sells armagnac brands to Alexander Stein's Cloudsweeper

Pernod Ricard has completed the sale of a majority stake in Société des Produits d’Armagnac (SPA) to Cloudsweeper, an entity owned by entrepreneur Alexander Stein.

Alexandrion announces plans to build US distillery

Alexandrion Group, Romania’s largest spirits producer, has announced site plan approval by the planning board of the town of Carmel for the construction of its first US distillery in Mid-Hudson, Putnam County, NY.