International spirits company Bacardi Limited has made its entry into the booming bourbon market with the purchase, announced today, of a Louisville-based bourbon maker.
Bacardi is the new owner of Angel’s Share Brands. The company includes the popular Angel’s Envy bourbon, developed by the late Lincoln Henderson and his family. Henderson was a longtime master distiller for Brown-Forman Corporation.
Angel’s Envy is currently distilled off-site and aged in port wine barrels.
Angel’s Share Brands, which also produces a rye whiskey, is building its own distillery in downtown Louisville.
In a news release, Bacardi said no changes are planned at Angel’s Share, and the Henderson family will continue to be directly involved in the production of its brands.
The terms of the purchase were not disclosed.