Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in Scotch whisky production. The investment is to meet growing demand
Tag "Bacardi"
![Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production](http://foodanddrinkbusiness.com/wp-content/uploads/2010/10/BacardiDewars-505x306_c.jpg)
![Recession Boosts Domestic/local Spirits at Expense of International Brands](http://foodanddrinkbusiness.com/wp-content/uploads/2010/08/PernodRicardBrands-505x306_c.png)
2009 was not a good year for multinational spirits companies. Euromonitor International’s ‘2010 Millionaires’ ranking saw total volumes of international brands on the list fall by 5% while domestic/local brands