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Sunday, December 17, 2006

Russian Company Buys Irish Vodka Distiller

Russia is considered to be vodka territory, but one firm has gone to the Emerald Isle in search of vodka gold.

North-West Oil Group of Moscow has purchased the Danziger Gold vodka brand, which was started by the late film producer Harry Lee Danziger.

North-West paid an estimated $29.3 million for Danziger, which is a vodka with gold leaf added during bottling. The company bottles its vodka in Waterford and sells the product exclusively through duty free shops. North-West plans to invest in the brand and expand distribution. In addition to the vodka the company also acquired a liqueur and the John Ireland whiskey brand.

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