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Luxco

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American liquor producer
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(March 2019) (Learn how and when to remove this message)
Luxco, Inc.
Company typePrivate
IndustryBeverages
Founded1958
Headquarters5050 Kemper Ave.,St. Louis, Missouri
Key people
Donn Lux, CEO & Chairman
David Bratcher, President & COO
Steve Soucy, CFO
Dan Streepy, Chief Sales Officer
Steve Einig, Chief Marketing Officer
ProductsWine
Spirits
ParentMGP Ingredients
Websitewww.luxco.com

Luxco, Inc. is an Americanprivately owned producer and marketer ofdistilled beverages andliqueurs based inSt. Louis, Missouri.[1][2] It has been owned byMGP Ingredients since 2021.

History

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The company was founded in 1958 by David Sherman Sr. and Paul A. Lux, as theDavid Sherman Corporation. The company was renamed Luxco in 2006.

At the end of 2011, Luxco agreed to acquire all of the outstanding stock of Paramount Distillers Incorporated ofCleveland,Ohio and its Meier’s Wine Cellars subsidiary inCincinnati, Ohio. In 2011, the Company had $220 million in sales and about 180 employees.

In 2018, the company opened its first whiskey distillery, Lux Row Distillery, inBardstown, Kentucky. That year it also purchased half ownership of the Limestone Branch Distillery, which had revived theYellowstone Bourbon brand.

In January 2021,MGP Ingredients announced a planned purchase of Luxco.[3] In April 2021, MGP Ingredients completed its acquisition of Luxco.[4]

Brands

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Some brands of Luxco are:

Luxco formerly owned theAdmiral Nelson Spiced Rum brand, but it was sold in late 2011.


References

[edit]
  1. ^St. Louis Business Journal
  2. ^"Beam sells 5 brands to Everclear owner Luxco".Crain's Chicago Business. 2013-01-20. Retrieved2022-03-31.
  3. ^RTT News (January 25, 2021)."MGP Ingredients To Acquire Luxco; Boost Position In Branded-spirits Sector- Quick Facts".
  4. ^Carruthers, Nicola (2021-04-06)."MGP completes $475 million Luxco acquisition".The Spirits Business. Retrieved2023-10-10.
  5. ^abc"Bourbon Production Expanding in Bardstown, 'Bourbon Capital of the World'".WhiskyCast. September 18, 2016. Retrieved2016-09-19.

External links

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