This announcement follows on from the recent news that Amber Beverage Corporation have acquired a majority share of THINK SPIRITS. Amber Beverage Corporation, which, along with Stoli Group, is a subsidiary of SPI Group.
Patrick Borg, CEO of THINK SPIRITS, said, “vodka is a key growth category in Australia, as it is now the number three segment behind bourbon and scotch. Stoli is a well-established brand, with a strong following and, critically, real growth potential. The team and I are very excited about the opportunity to integrate Stoli into the Think Spirits portfolio and work closely with our retail partners to grow the complete range of products. I would also like to acknowledge the Proximo Australia business for their recent work on the brand.”
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