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Maison Ferrand

Full company profile

uuid000addo

Namestring
Maison Ferrand
Legal namestring
Maison Ferrand
Company typeenum
Private
Founded yearint
1989
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersViroflay, France
HQ citystring
Viroflay
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
premium spirits, craft gin production, cognac distillation, caribbean rum, distillery experiences
Industry4 codes
1Spirits Distilling & Brands
CodeCRADAIACPrimaryYes
2Distilleries (Tasting Rooms)
CodeTHAFALAGPrimaryNo
3Producer-Owned Retail & Bottle Shops (On-site)
CodeTHAFALALPrimaryNo
4Alcohol Subscription & Wine Clubs (Retail)
CodeCRANABAFPrimaryNo
NAICS code2 codes
  • Distilleries312140
  • Wine and Distilled Alcoholic Beverage Merchant Wholesalers42482
SIC code1 code
  • Wholesale-Beer, Wine & Distilled Alcoholic Beverages5180
Product category
Premium Spirits
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Premium Spirits Sales
TypeOne Time License
Description

Maison Ferrand generates revenue through the production and sale of premium spirits including cognac (Ferrand Cognac, Landy Cognac), rum (Planteray Rum, Canerock, Stade's Rum), gin (Citadelle Gin), and Ferrand Dry Curaçao. Products are sold through direct distillery visits, the company's own websites, and distribution partners worldwide.

maisonferrand.com
2Distillery Experiences and Tourism
TypeOne Time License
Description

Revenue generated through paid tours and experiences at the company's various properties including the Citadelle Gin Distillery at Château de Bonbonnet, Stade's West Indies Rum Distillery in Barbados, Barge 166, and the Manoir de Mademoiselle. The Manoir de Mademoiselle offers tours at €25 per adult.

maisonferrand.com
3Private Barrel Program
TypeOne Time License
Description

The Private Barrel Experience offers bespoke craft spirits with personalized aging and customization, creating a premium revenue stream for clients seeking unique spirits.

maisonferrand.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Manoir de Mademoiselle Tour
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Tour length: 1 hour 30 minutes. Pricing: €25 per adult, free for minors. Reservations required. Languages offered: French and English (English on request only). On-site purchases available (card payment only).

news.maisonferrand.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 8 records shown
1Planteray Rum
Description

Premium rum brand featuring terroir-driven rums from various Caribbean origins including Barbados, Jamaica, and Fiji. Known for products like Stiggins' Pineapple Rum, XO, and 3 Stars.

maisonferrand.com
+7 more records
Core offering1 text field

Maison Ferrand is an independent French spirits house that produces and sells premium cognacs, rums, and gins across seven brands (Ferrand Cognac, Planteray Rum, Citadelle Gin, Canerock, Ferrand Dry Curaçao, Stade's Rum, Landy Cognac). The company operates distilleries in France and Barbados, sells direct-to-consumer through brand websites and distillery visitor centers, and distributes through trade partners globally. It also offers distillery tours, a Private Barrel customization program, and the Uncut Stories content platform.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Citadelle Gin created in 1996 as the world's first craft gin and France's first gin
+3 more records
Product overview1 text field

Maison Ferrand is an independent French spirits house founded in 1989, producing a portfolio of exceptional cognacs, rums, and gins. The portfolio includes Ferrand Cognac (Grande Champagne, hand-hammered copper stills), Planteray Rum (Caribbean terroir-driven expressions with double aging), Citadelle Gin (world's first craft gin with patented progressive infusion), Canerock Spiced Rum, Ferrand Dry Curaçao, Stade's Rum (Barbadian sea-aged), and Landy Cognac. The company operates distilleries in France (Château de Bonbonnet for gin, Mademoiselle Manor for cognac) and Barbados (Stade's West Indies Rum Distillery), offering visitors distillery tours, Private Barrel experiences, and an Uncut Stories newsletter/editorial platform.

Product and service9 records
1Planteray Rum
CategoryPremium Rum Brand
Description

Premium rum brand featuring terroir-driven expressions from Barbados, Jamaica, and other Caribbean origins, with a double aging technique and distinctive packaging. Targeted at cocktail bars, retailers, and individual enthusiasts seeking premium craft rum.

2Citadelle Gin
CategoryCraft Gin Brand
Description

French craft gin (Gin de France) created in 1996 using a patented Progressive Infusion technique with 19 botanicals. The world's first craft gin and pioneer of the craft gin movement, sold to trade and consumers worldwide.

3Ferrand Cognac
CategoryPremium Cognac Brand
Description

Cognac from the Grande Champagne region using hand-hammered copper stills and heritage grape varieties Colombard and Folle Blanche. Includes expressions such as 1840 Original Formula, Ambre, and Selection des Anges.

4Canerock
CategorySpiced Rum Brand
Description

Caribbean-inspired spiced rum distilled in Barbados featuring coconut, vanilla, and ginger infusions, using coconuts from the Kendal nursery and traditional Caribbean spices.

5Ferrand Dry Curaçao
CategoryCuraçao Liqueur Brand
Description

Authentic dry curaçao revival inspired by pre-Prohibition recipes, featuring multiple infusions and redistillations of Laraha orange peels with spices. Developed with cocktail historian David Wondrich.

6Stade's Rum
CategoryBarbadian Rum Brand
Description

Barbadian rum from Stade's West Indies Rum Distillery, aged and mellowed by the sea. Features traditional pot stills including the Old Gregg dating to 1850.

7Landy Cognac
CategoryPremium Cognac Brand
Description

Cognac brand within the Maison Ferrand portfolio, launched in early 2026 to complement the Ferrand Cognac range.

8Distillery Tours and Visitor Experiences
CategoryDistillery Tourism and Experiences
Description

Paid distillery tours and tasting experiences at Château de Bonbonnet, Stade's West Indies Rum Distillery, Barge 166, and Manoir de Mademoiselle. Manoir de Mademoiselle tour priced at €25 per adult.

9Private Barrel Experience
CategoryBespoke Spirits Customization
Description

Bespoke craft spirits program offering personalized aging and customization for clients seeking unique premium spirits, primarily hosted at Barge 166 floating cellar near Paris.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-07-23
Description

Identity Drinks was a UK-based spirits distributor in which Maison Ferrand initially acquired a 60% stake in 2017. The full acquisition was completed in July 2024, resulting in the creation of Maison Ferrand UK. The deal was designed to strengthen Maison Ferrand's presence in the UK market, grow its premium spirits portfolio, and enable collaboration with like-minded independent brands. The acquisition concludes a process that started seven years earlier.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

World's largest spirits company, owner of Captain Morgan and Bundaberg rums, Tanqueray and Gordon's gins, and Bulleit bourbon, competing broadly with Maison Ferrand in gin and rum with significant on-premise and marketing budgets.

TypeDirect peer
Description

Barbadian rum producer (the oldest rum brand, est. 1703) sharing the same island heritage and traditional pot-still production approach as Stade's West Indies Rum Distillery and Planteray's Barbados expressions.

TypeDirect peer
Description

London-based craft gin pioneer using copper pot stills, comparable in heritage-story, single-distillery craft positioning, and on-trade advocacy to Citadelle Gin, and a model for the independent craft gin route Maison Ferrand has taken.

TypeBroad incumbent
Description

Global spirits multinational whose portfolio includes cognac (Martell), gin (Beefeater, Monkey 47), and rum (Havana Club), competing with Maison Ferrand across all three of its core categories with vastly greater scale and distribution.

TypeEmerging player
Description

Independent Caribbean rum brand with a premium, craft-on-trade positioning that intersects with Planteray and Stade's in the bartender community and premium retail channel.

TypeBroad incumbent
Description

Owner of Hennessy, the global cognac leader, and other premium spirits; competes directly with Ferrand Cognac in the prestige cognac tier while providing the dominant competitive benchmark for category pricing.

TypeDirect peer
Description

Martinican single-estate agricole rum producer with terroir-driven positioning and distillery tourism similar to Planteray's terroir-rum story, competing for the same premium sipping-rum consumer.

8Foursquare Rum Distillery
TypeDirect peer
Description

Independent Bajan rum distillery producing premium, additive-free aged rums that compete head-to-head with Stade's and Planteray's Barbados portfolio for bartender and enthusiast mindshare.

TypeDirect peer
Description

One of the world's best-selling London Dry gins, competing with Citadelle in the premium gin category and on-premise placements, with a similar London/European craft heritage narrative scaled to global distribution.

TypeDirect peer
Description

Owner of Rémy Martin cognac and Cointreau liqueur, Rémy Cointreau is the most direct competitor to Maison Ferrand in the premium and ultra-premium cognac category, sharing the Grande Champagne terroir focus and on-trade distribution channels.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Maison Ferrand

Premium Spiritsmaisonferrand.com

Maison Ferrand firmographics

Firmographics
Name
Maison Ferrand
Legal name
Maison Ferrand
Website
https://maisonferrand.com
Company type
Private
Founded year
1989
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Maison Ferrand industry classification

Industry
Product category
Premium Spirits
NAICS
Distilleries (312140), Wine and Distilled Alcoholic Beverage Merchant Wholesalers (42482)
SIC
Wholesale-Beer, Wine & Distilled Alcoholic Beverages (5180)
akta.pro primary industry
Spirits Distilling & Brands (CRADAIAC)
akta.pro secondary industries
Distilleries (Tasting Rooms) (THAFALAG), Producer-Owned Retail & Bottle Shops (On-site) (THAFALAL), Alcohol Subscription & Wine Clubs (Retail) (CRANABAF)

Keywords

  • Premium spirits
  • Craft gin production
  • Cognac distillation
  • Caribbean rum
  • Distillery experiences

Where Maison Ferrand is headquartered

Location

Headquarters

HQ city
Viroflay
HQ country
France
HQ region
Europe

Offices5 records

Markets served

Maison Ferrand business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Premium Spirits Sales: Maison Ferrand generates revenue through the production and sale of premium spirits including cognac (Ferrand Cognac, Landy Cognac), rum (Planteray Rum, Canerock, Stade's Rum), gin (Citadelle Gin), and Ferrand Dry Curaçao. Products are sold through direct distillery visits, the company's own websites, and distribution partners worldwide.
  2. Distillery Experiences and Tourism: Revenue generated through paid tours and experiences at the company's various properties including the Citadelle Gin Distillery at Château de Bonbonnet, Stade's West Indies Rum Distillery in Barbados, Barge 166, and the Manoir de Mademoiselle. The Manoir de Mademoiselle offers tours at €25 per adult.
  3. Private Barrel Program: The Private Barrel Experience offers bespoke craft spirits with personalized aging and customization, creating a premium revenue stream for clients seeking unique spirits.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goManoir de Mademoiselle Tour

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Maison Ferrand product offering

Product offering

Core offering

Maison Ferrand is an independent French spirits house that produces and sells premium cognacs, rums, and gins across seven brands (Ferrand Cognac, Planteray Rum, Citadelle Gin, Canerock, Ferrand Dry Curaçao, Stade's Rum, Landy Cognac). The company operates distilleries in France and Barbados, sells direct-to-consumer through brand websites and distillery visitor centers, and distributes through trade partners globally. It also offers distillery tours, a Private Barrel customization program, and the Uncut Stories content platform.

Product overview

Maison Ferrand is an independent French spirits house founded in 1989, producing a portfolio of exceptional cognacs, rums, and gins. The portfolio includes Ferrand Cognac (Grande Champagne, hand-hammered copper stills), Planteray Rum (Caribbean terroir-driven expressions with double aging), Citadelle Gin (world's first craft gin with patented progressive infusion), Canerock Spiced Rum, Ferrand Dry Curaçao, Stade's Rum (Barbadian sea-aged), and Landy Cognac. The company operates distilleries in France (Château de Bonbonnet for gin, Mademoiselle Manor for cognac) and Barbados (Stade's West Indies Rum Distillery), offering visitors distillery tours, Private Barrel experiences, and an Uncut Stories newsletter/editorial platform.

Differentiator

Problem solved

Functional benefit

Brands

  • Planteray Rum: Premium rum brand featuring terroir-driven rums from various Caribbean origins including Barbados, Jamaica, and Fiji. Known for products like Stiggins' Pineapple Rum, XO, and 3 Stars.
  • Citadelle Gin
  • Ferrand Cognac
  • Canerock
  • Ferrand Dry Curaçao
  • Stade's Rum
  • Landy Cognac
  • West Indies Rum Distillery (WIRD)

Products and services

  • Planteray Rum Premium rum brand featuring terroir-driven expressions from Barbados, Jamaica, and other Caribbean origins, with a double aging technique and distinctive packaging. Targeted at cocktail bars, retailers, and individual enthusiasts seeking premium craft rum.
  • Citadelle Gin French craft gin (Gin de France) created in 1996 using a patented Progressive Infusion technique with 19 botanicals. The world's first craft gin and pioneer of the craft gin movement, sold to trade and consumers worldwide.
  • Ferrand Cognac Cognac from the Grande Champagne region using hand-hammered copper stills and heritage grape varieties Colombard and Folle Blanche. Includes expressions such as 1840 Original Formula, Ambre, and Selection des Anges.
  • Canerock Caribbean-inspired spiced rum distilled in Barbados featuring coconut, vanilla, and ginger infusions, using coconuts from the Kendal nursery and traditional Caribbean spices.
  • Ferrand Dry Curaçao Authentic dry curaçao revival inspired by pre-Prohibition recipes, featuring multiple infusions and redistillations of Laraha orange peels with spices. Developed with cocktail historian David Wondrich.
  • Stade's Rum Barbadian rum from Stade's West Indies Rum Distillery, aged and mellowed by the sea. Features traditional pot stills including the Old Gregg dating to 1850.
  • Landy Cognac Cognac brand within the Maison Ferrand portfolio, launched in early 2026 to complement the Ferrand Cognac range.
  • Distillery Tours and Visitor Experiences Paid distillery tours and tasting experiences at Château de Bonbonnet, Stade's West Indies Rum Distillery, Barge 166, and Manoir de Mademoiselle. Manoir de Mademoiselle tour priced at €25 per adult.
  • Private Barrel Experience Bespoke craft spirits program offering personalized aging and customization for clients seeking unique premium spirits, primarily hosted at Barge 166 floating cellar near Paris.

Quantifiable outcome

  • Citadelle Gin created in 1996 as the world's first craft gin and France's first gin
  • +3 more outcomes

Companies that use Maison Ferrand

Customer profile

Segments2 records

Ideal customer profiles3 records

Maison Ferrand technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Maison Ferrand partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Identity DrinkscoreChannel Partner/ Reseller/ Distributor · 23 July 2024Identity Drinks was a UK-based spirits distributor in which Maison Ferrand initially acquired a 60% stake in 2017. The full acquisition was completed in July 2024, resulting in the creation of Maison Ferrand UK. The deal was designed to strengthen Maison Ferrand's presence in the UK market, grow its premium spirits portfolio, and enable collaboration with like-minded independent brands. The acquisition concludes a process that started seven years earlier.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Maison Ferrand competitors and assessment

Company assessment

Broad incumbents

  • Diageo: World's largest spirits company, owner of Captain Morgan and Bundaberg rums, Tanqueray and Gordon's gins, and Bulleit bourbon, competing broadly with Maison Ferrand in gin and rum with significant on-premise and marketing budgets.
  • Pernod Ricard: Global spirits multinational whose portfolio includes cognac (Martell), gin (Beefeater, Monkey 47), and rum (Havana Club), competing with Maison Ferrand across all three of its core categories with vastly greater scale and distribution.
  • LVMH (Moët Hennessy): Owner of Hennessy, the global cognac leader, and other premium spirits; competes directly with Ferrand Cognac in the prestige cognac tier while providing the dominant competitive benchmark for category pricing.

Direct peers

  • Mount Gay Rum: Barbadian rum producer (the oldest rum brand, est. 1703) sharing the same island heritage and traditional pot-still production approach as Stade's West Indies Rum Distillery and Planteray's Barbados expressions.
  • Sipsmith: London-based craft gin pioneer using copper pot stills, comparable in heritage-story, single-distillery craft positioning, and on-trade advocacy to Citadelle Gin, and a model for the independent craft gin route Maison Ferrand has taken.
  • Rhum J.M: Martinican single-estate agricole rum producer with terroir-driven positioning and distillery tourism similar to Planteray's terroir-rum story, competing for the same premium sipping-rum consumer.
  • Foursquare Rum Distillery: Independent Bajan rum distillery producing premium, additive-free aged rums that compete head-to-head with Stade's and Planteray's Barbados portfolio for bartender and enthusiast mindshare.
  • Beefeater Gin: One of the world's best-selling London Dry gins, competing with Citadelle in the premium gin category and on-premise placements, with a similar London/European craft heritage narrative scaled to global distribution.
  • Rémy Cointreau: Owner of Rémy Martin cognac and Cointreau liqueur, Rémy Cointreau is the most direct competitor to Maison Ferrand in the premium and ultra-premium cognac category, sharing the Grande Champagne terroir focus and on-trade distribution channels.

Emerging players

  • The Duppy Share: Independent Caribbean rum brand with a premium, craft-on-trade positioning that intersects with Planteray and Stade's in the bartender community and premium retail channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Maison Ferrand social profiles

Digital presence

Maison Ferrand compliance and trust

Trust signal

Compliance1 record

Maison Ferrand financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Maison Ferrand leadership team

Management profile

Number of profiles

Profiles6 records

Maison Ferrand subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Maison Ferrand funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Maison Ferrand M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maison Ferrand

What does Maison Ferrand do?

Maison Ferrand is an independent French spirits house that produces and sells premium cognacs, rums, and gins across seven brands (Ferrand Cognac, Planteray Rum, Citadelle Gin, Canerock, Ferrand Dry Curaçao, Stade's Rum, Landy Cognac). The company operates distilleries in France and Barbados, sells direct-to-consumer through brand websites and distillery visitor centers, and distributes through trade partners globally. It also offers distillery tours, a Private Barrel customization program, and the Uncut Stories content platform.

Is Maison Ferrand a public or private company?

Maison Ferrand is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Maison Ferrand founded?

Maison Ferrand was founded in 1989. It employs 11 to 50 people.

Where is Maison Ferrand based?

Maison Ferrand is headquartered in Viroflay, France, in the Europe region.

How does Maison Ferrand make money?

Three revenue lines are on record. Premium Spirits Sales are the primary driver. The others are distillery Experiences and Tourism and private Barrel Program.

Who are Maison Ferrand's main competitors?

Broad incumbents on record are Diageo, Pernod Ricard and LVMH (Moët Hennessy). Direct peers are Mount Gay Rum, Sipsmith, Rhum J.M, Foursquare Rum Distillery, Beefeater Gin and Rémy Cointreau. The Duppy Share is listed as an emerging player.

Does Maison Ferrand have an API?

No public API is recorded for Maison Ferrand.

What industry is Maison Ferrand in?

Maison Ferrand's product category is Premium Spirits. Its primary akta.pro industry code is CRADAIAC, Spirits Distilling & Brands, with a secondary code of THAFALAG, Distilleries (Tasting Rooms). Its NAICS code is 312140 and its SIC code is 5180.

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Live signals
Global drinks industry newsMaison Ferrand completes acquisition of Identity DrinksMaison Ferrand has completed the full acquisition of UK-based distributor Identity Drinks, establishing Maison Ferrand UK as its third international export market operation. This transaction finalizes a process initiated in 2017 when Maison Ferrand initially acquired a 60% stake in the distributor.Harpers Wine & Spirit Trade NewsMaison Ferrand completes acquisition of Identity DrinksMaison Ferrand has completed the acquisition of UK distributor Identity Drinks, finalizing a process that began with a 60% stake purchase in 2017. This transaction results in the creation of Maison Ferrand UK, which will be led by newly appointed Managing Director Matthieu Gouze to drive market growth and expand the brand's portfolio.RetailtimesMaison Ferrand officially acquires UK distributor Identity DrinksMaison Ferrand has officially completed the acquisition of UK distributor Identity Drinks, a process initiated in 2017 when it first purchased a majority stake. This move establishes Maison Ferrand UK as a fully integrated subsidiary, allowing the company to expand its premium spirits portfolio and strengthen its presence in the British market.PR NewswireMaison Ferrand Purchases Historic West Indies Rum Distillery In BarbadosMaison Ferrand, a French spirits producer, has acquired the historic West Indies Rum Distillery (WIRD) in Barbados, marking its first distillery acquisition outside of France. This move allows Maison Ferrand to gain direct control over the production of its Plantation rum brand and revitalize ancient distillation equipment at the site. The acquisition also grants access to Jamaican rum assets through WIRD's ownership stake in the National Jamaican Rum Company.