Luxco

Luxco, Inc. is a privately owned producer and marketer of distilled beverages and liqueurs.[1][2] Formerly called the David Sherman Corporation, the company was renamed in 2006. Founded in 1958 in St. Louis, Missouri, by David Sherman Sr. and Paul A. Lux, the company sells beverages across the United States with some international trade. In January 2021, MGP Ingredients announced a planned purchase of Luxco.[3] In April 2021, MGP Ingredients completed its acquisition of Luxco.[4]

Luxco, Inc.
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
Websitewww.luxco.com

Brands

Some brands of Luxco are:

Luxco once owned the Admiral Nelson Spiced Rum brand, but it was sold in late 2011.

At the end of 2011, Luxco agreed to acquire all of the outstanding stock of Paramount Distillers Incorporated of Cleveland, Ohio and its Meier’s Wine Cellars subsidiary in Cincinnati, Ohio. In 2011, the Company had $220 million in sales and about 180 employees. In January 2013, Luxco bought Beam's Wolfschmidt, Dark Eyes, Calvert, Bellows, Canada House and Tempo brands for $65 million.

Manufacturing, packaging, marketing and distribution take place at the company facilities in St. Louis, Missouri.


References

  1. St. Louis Business Journal
  2. "Beam sells 5 brands to Everclear owner Luxco". Crain's Chicago Business. 2013-01-20. Retrieved 2022-03-31.
  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. Retrieved 2023-10-10.
  5. "Bourbon Production Expanding in Bardstown, 'Bourbon Capital of the World'". WhiskyCast. September 18, 2016. Retrieved 2016-09-19.
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