Family owned Bacardi Ltd., Hamilton, Bermuda, announced that it is expanding its portfolio of premium spirits with a definitive agreement to acquire 100 percent ownership of Patrón Spirits International AG and its PATRÓN brand. The transaction, which is subject to customary closing conditions, follows the relationship the companies have had since Bacardi’s initial acquisition of a significant minority stake in Patrón in 2008. 

New York-based Castle Brands Inc. has purchased, or agreed to purchase, an additional $4.2 million of aging and new-fill bourbon. These additional purchases bring Castle Brands total purchases of aging and new-fill bourbon to $9.6 million for the current fiscal year. 

New York-based Brockmans Gin, the super-premium gin, is gearing up for the holidays with a gift carton designed to help retailers drive incremental sales of Brockmans during the busy holiday season, it says.