AVALON SPIRITS ANNOUNCES ACQUISITION OF TSS BRANDS, THE OWNERS OF WHISKEY ROW BOURBON
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- Avalon, a distilled spirits marketing and sales company, formed by John Glover, a spirits industry veteran and former Castle Brands executive, will seek additional opportunities in the spirits industry.
The goal of Avalon is to acquire and build an elite portfolio of super premium spirits brands both fully owned and with appropriate partners. It was started by John Glover, a spirits industry veteran, who most recently served as Chief Operating Officer of Castle Brands (NYSE Amex: ROX) until it was acquired by Pernod Ricard in 2019. Under Mr. Glover's leadership, Castle developed Jefferson's Bourbon, the super-premium award winning Bourbon. Avalon's first brand is Whiskey Row, the brainchild of Steve Thompson, a legendary whiskey executive and member of the Bourbon Hall of Fame.
"The acquisition of Whiskey Row will allow Avalon to start operations with a super-premium brand conceived and developed by one of the foremost experts in the bourbon industry", said Mr. Glover. "The brand pays tribute to the iconic district in
"We strongly believe that the time is ripe for a company like Avalon. We have assembled an outstanding group of investors with both the expertise and resources to establish and build a world class company," said Richard Lampen, former CEO of Castle Brands and current director of Avalon. "In addition, John Glover and the rest of our management team have proven skills in partnering with outstanding brand owners and successfully creating attractive, profitable products that will stand the test of time."
Whiskey Row is now available in select markets in the US and will be progressively rolled out in the US and to major whiskey markets in
About Whiskey Row Bourbon Whiskey
Whiskey Row is named after the section of Main Street in
About Avalon Spirits
Avalon is a developer and international marketer of premium and super-premium spirits brands.
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SOURCE Avalon Spirits Inc