Furthermore, this move also highlights the ongoing trend of consolidation within the spirits industry. As larger companies seek to diversify their portfolios and tap into niche markets, acquiring successful craft distilleries like Tuthilltown Spirits becomes an attractive proposition. This trend has its pros and cons, with the potential for increased distribution and marketing opportunities for craft brands, but also concerns about maintaining their authenticity and independence.
Who bought Tuthilltown Distillery?
Answered by James Porterfield