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Belvedere Disposes of US Spirits Production Business

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Belvedere Disposes of US Spirits Production Business

November 02
15:07 2010

Belvedere, the French spirits group, has sold its US production business, Florida Distillers, for $48m. However, Belvedere will retain is US distribution business, which includes the 4 Orange and Sobieski vodka brands. Belvedere acquired Florida Distillers for $56m in 2007.

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