Rum News for Feb. 17 3013

jankdc · Post by **jankdc** » Sun Feb 17, 2013 1:36 pm

Campari consolidates purchase of Appleton/J Wray and Nephew: Campari reclaims distribution rights for Appleton rum

NSW Rum Corps alluded to this article on Australian Politics: Mountains of millions out of a molehill

Ron De Jeremey pulled in Manitoba: Manitoba pulls rum named for porn star

Rum named after porn star back on Manitoba liquor store shelves

Analysis: Ban on rum named after porn star Ron Jeremy just another day for Canada’s hyper strict liquor laws

Praline Rum from Louisiana? Donner-Peltier announces new spirits

jankdc · Post by **jankdc** » Mon Feb 18, 2013 6:56 pm

Couple of more things for this week:

Jamaican rum looking at import tax on molasses: Rum punched - Reduction in waivers set to impact spirits, other industries

and

Jim Beam stumbles: Maker’s Mark Reverses Decision To Decrease Alcohol Content in Whiskey

It looks like they are looking to be bought out by Diageo:
Will Bourbon Drinkers Endure a Watered-Down Maker’s Mark?

But things have changed at the Loretto (Ky.) distillery since Businessweek paid it a visit in 2006. Three years ago hedge fund manager Bill Ackman acquired shares of Fortune Brands, then the owner of Jim Beam (parent of Maker’s Mark), and called for the company to spin off its liquor assets. Fortune reluctantly complied. Beam is now a separate company and considered by Wall Street analysts to be an acquisition target, with Diageo (DEO) the likely buyer.

da'rum · Post by **da'rum** » Mon Feb 18, 2013 7:57 pm

This is a worry

"The distillers in Jamaica who export rums abroad to blenders buy all the molasses that is available in Jamaica, but Jamaica does not produce enough molasses, so, therefore, they have to rely on imports. These have been coming through the waiver system," said Pengelley, who is also sales director at Red Stripe, distributor of wines and spirits for parent company, Diageo.

You've got to be shitting me!

A fox in the henhouse.