Stock Spirits Group sells Gran Gala to Sazerac Company
Stock Spirits Group ('SSG' or 'the Group') is pleased to announce the sale of Gran Gala, the leading Italian triple orange liqueur brand, to Sazerac Company, the current importer for Gran Gala in the US*. Stock Spirits and Sazerac have worked together for the past three years to build the brand’s strong position in the US market.
Chris Heath, CEO of SSG commented:
“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."