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US: Stock sells Gran Gala to Sazerac
Published:  16 October, 2012

Stock Spirits Group has sold orange liqueur brand Gran Gala to its US importer Sazerac Company, for an undisclosed sum.

The two companies have build the brand in the US for three years, where it makes approximately 98% of its sales.

Chris Heath, CEO of Stock said: “We are pleased to have successfully grown Gran Gala’s position in the US, and we are delighted that Sazerac will continue to develop the brand in the US market. There are significant opportunities for the Stock Group to invest the proceeds in growing and developing our extensive brand portfolio, both organically and through acquisitions, in our core markets of Central and Eastern Europe as well as international markets worldwide."