Luxco

Last updated
Luxco, Inc.
Company typePrivate
Industry Beverages
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
Products Wine
Spirits
Parent MGP Ingredients
Website www.luxco.com

Luxco, Inc. is a privately owned producer and marketer of distilled beverages and liqueurs based in St. Louis, Missouri. [1] [2] It has been owned by MGP Ingredients since 2021.

Contents

History

The company was founded in 1958 by David Sherman Sr. and Paul A. Lux, as the David Sherman Corporation. The company was renamed Luxco in 2006.

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 2018, the company opened its first whiskey distillery, Lux Row Distillery, in Bardstown, Kentucky. That year it also purchased half ownership of the Limestone Branch Distillery, which had revived the Yellowstone Bourbon brand.

In January 2021, MGP Ingredients announced a planned purchase of Luxco. [3] In April 2021, MGP Ingredients completed its acquisition of Luxco. [4]

Brands

Some brands of Luxco are:

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


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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. 1 2 3 "Bourbon Production Expanding in Bardstown, 'Bourbon Capital of the World'". WhiskyCast. September 18, 2016. Retrieved 2016-09-19.