Food
2 min read
Corby Spirits Sells Leading Rum Brand Lambs for $55.5 Million in Strategic Deal
Corby Spirit and Wine Limited has divested its British rum brand, Lamb’s, for the sum of US$39.2 million ($55.5 million) to Canadian and French firms, Phildan and Cofepp, respectively. Lamb’s holds a predominant position among rum brands in the UK and Canada,…