Castle Brands Acquires McLain & Kyne Ltd.
Castle Brands Inc., an emerging developer and international marketer
of premium branded spirits headquartered in New York, this week announced
the acquisition of McLain & Kyne Ltd., a Louisville, Ky.-based
developer and marketer of premium small batch bourbon brands. McLain
& Kyne has three distinctive entries in the premium bourbon market:
Jefferson's Reserve, Jefferson's and Sam Houston.
Castle Brands acquired 100 percent of the capital stock of McLain &
Kyne on October 12, 2006, thereby causing McLain & Kyne to become a
wholly owned subsidiary of Castle Brands. Trey Zoeller (the former
president of McLain & Kyne) will join the Castle Brands management
team and will serve as vice president-bourbon operations of its U.S.
subsidiary, Castle Brands Corp. Based in Louisville, he will work with
the Castle Brands domestic and international sales teams to promote the
global growth of these products. Both Zoeller and his father, Chet
Zoeller, are expected to continue to serve on the board of directors of
McLain & Kyne.
For more information, visit
www.castlebrandsinc.com. |