MGD Acquisition LLC Acquires Griffo Distillery to Expand Market Presence
SONOMA, Calif., October 30, 2023 (VSNewsNetwork.com) - Griffo Distillery, a craft distillery specializing in premium spirits, has announced its acquisition by MGD Acquisition, LLC. The move is aimed at enhancing Griffo Distillery’s market presence while maintaining its focus on quality craftsmanship.
Griffo Distillery has garnered attention for its combination of traditional crafting methods and scientific principles, producing a range of award-winning spirits such as gins, vodkas, and whiskeys. The distillery places a high value on sustainability and the use of locally sourced ingredients.
“We are excited to begin a new chapter at Griffo Distillery in conjunction with our partners that have a proven track record for growing successful and responsible businesses,” stated Michael Griffo, founder of Griffo Distillery. Both Michael and Jenny Griffo, co-founder, will remain significant owners and will concentrate on specific aspects of the business. Michael Griffo will continue to be involved in the product development, while Jenny Griffo will manage custom distilling partnerships.
MGD's acquisition strategy emphasizes preserving the craft ethos of Griffo Distillery while enabling scalability and market expansion. "We are thrilled to join hands with Griffo Distillery. Our shared commitment to quality and involvement in the community align perfectly. This collaboration will empower Griffo Distillery to flourish while staying true to its heritage and the successful business that Michael and Jenny Griffo have built," said Will Maroun, the new CEO of Griffo Distillery.
The acquisition is seen as a strategic move that will not only increase Griffo Distillery’s production and distribution but also expand its brand on a national scale, thereby solidifying its position in the craft distilling industry.
For further details on the acquisition and information about Griffo Distillery, visit www.griffodistillery.com.
Source: Griffo Distillery via Newswire
