Home Businessuite News24 French Holding Company, Bonbonnet Buys Goddard Enterprises Majority Interest In West Indies Rum Distillery Limited
French Holding Company, Bonbonnet Buys Goddard Enterprises Majority Interest In West Indies Rum Distillery Limited

French Holding Company, Bonbonnet Buys Goddard Enterprises Majority Interest In West Indies Rum Distillery Limited

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Privately held French holding company, Bonbonnet has bought out Goddard Enterprises Limited (GEL’s) majority interest in The West Indies Rum Distillery Limited (WIRD). GEL says Bonbonnet through United Caribbean Rum Limited (UCRL), a Barbados holding company has offered to purchase its outstanding 92% stake at a price of approximately $10.23 per share. Bonbonnet currently owns a number of international wine and spirits subsidiaries. The owners have extensive experience and expertise in the spirits business and have been involved in the production and sale of fine spirits, such as cognac, gin, vodka, rum and other distilled spirits, and fruit liqueurs. BM