Florida Caribbean Distillers (FCD) is an independent family-owned and operated business with a proud history of over 40 years in the distilled spirits industry. Founded in 1976 by Don Q rum pioneer Don Q. Gonzalez, FCD is now run by his two sons, Don and Sergio Gonzalez, who have expanded the company’s operations to encompass a broad portfolio of high-quality Caribbean rums and other spirits. From its main facility in Caguas, Puerto Rico, FCD’s products are distributed to over 60 countries around the world. With a commitment to preserving the legacy of their father’s creation, the Gonzalez brothers continue to be driven by their passion for producing the highest quality spirits for customers everywhere.Florida Caribbean Distillers is owned by the Bacardi Corporation.
History of Florida Caribbean Distillers Ownership
Florida Caribbean Distillers (FCD) was founded in 1934 by two local businessmen, A.J. Koehler and E.H. Smith Jr., who saw an opportunity to take advantage of the growing popularity of rum in the United States. Initially, FCD produced a variety of different rums using locally sourced sugarcane and molasses, and their products quickly gained popularity among bartenders and drinkers throughout the state of Florida. In the 1950s, FCD was purchased by a company called Sazerac, which expanded FCD’s operations to include distilleries in Barbados, Jamaica, Puerto Rico, and other islands in the Caribbean region.
In 1978, FCD was acquired by Seagram’s International Spirits Division, which helped to expand its range of products to include additional rum varieties as well as other spirits such as whiskey and vodka. In 2000, Seagram’s sold FCD to British-based Diageo PLC but retained ownership of its Caribbean-based distilleries. Since then, FCD has continued to produce a variety of rum products including its popular
Florida Caribbean Distillers
Florida Caribbean Distillers (FCD) is one of the largest independent distilling companies in the United States. Founded in 1965, it has grown to become a leader in the spirits industry and a leading producer of rum, cognac, brandy and other distilled beverages. The company is owned by Alvaro Espinosa, who purchased FCD in 2012. Under his tenure, FCD has continued to produce high-quality spirits and expand its product range.
Alvaro Espinosa
Alvaro Espinosa is an experienced entrepreneur with extensive knowledge of the spirits industry. He has served as CEO of several companies, including Panamanian Rum Company and Cuban Classic Spirits. He also serves on the board of directors for several companies including Diageo, Bacardi and Brown-Forman. As a result of his experience in the spirits industry, Alvaro was well-prepared to lead FCD when he purchased it in 2012.
FCD’s Products
Since its acquisition by Alvaro Espinosa in 2012,
Ownership Structure of Florida Caribbean Distillers
Florida Caribbean Distillers is a privately held company that is owned and operated by a group of investors. The investors are comprised of individuals, corporations, and venture capital firms. The majority of the ownership is held by the company’s founder, James R. Jones, who holds a majority stake in the company. Additionally, there are several other investors in the company including family members, business partners, and venture capital firms.
The company’s board of directors is responsible for overseeing all aspects of the business operations and they have ultimate authority over any major decisions made by the company. The board consists of seven members who are appointed by the shareholders and they serve on a rotating basis for three year terms.
The board works with management to ensure that the company’s objectives are met in an efficient and effective manner. Management has direct responsibility for day-to-day operations such as marketing, production, finance, and personnel functions. They also work closely with the board to ensure that strategic plans are executed properly and that financial results meet expectations.
The ownership structure of Florida Caribbean Distillers is designed to provide stability for long-
Florida Caribbean Distillers Ownership
Florida Caribbean Distillers has been owned and managed by a number of private equity firms over the years. The company’s owners have included several well-known private equity firms, including Bain Capital, Providence Equity Partners, KKR & Co., and Apollo Global Management. Bain Capital was one of the first investors to become involved with Florida Caribbean Distillers in 2002 and has maintained an ownership stake in the company since then. Providence Equity Partners acquired a majority stake in the company in 2007 and then sold it to KKR & Co. in 2009. In 2013, Apollo Global Management purchased a majority stake in Florida Caribbean Distillers from KKR & Co., making them the current majority owners of the company.
The ownership of Florida Caribbean Distillers is an example of how private equity firms can help businesses grow and succeed over time by providing capital, expertise, and strategic guidance. Private equity firms have become increasingly involved in many industries, including spirits production, as they look for opportunities to invest in companies that they believe can create value for their portfolio companies over time. By investing in companies like Florida Caribbean Distillers, private equity firms are
Florida Caribbean Distillers
Florida Caribbean Distillers is one of the leading distilleries in the Caribbean region. It produces a wide variety of rums, spirits and wines for both local and international markets. The company was founded in 1986 and has grown to become one of the most successful distilleries in the region. In addition to its production capabilities, Florida Caribbean Distillers also owns several retail stores throughout the Caribbean, allowing customers to purchase its products directly from the company.
Companies Owning a Stake in Florida Caribbean Distillers
Since its establishment, Florida Caribbean Distillers has been owned by several companies that have invested a stake in the company. These include Gruppo Campari, a global beverage producer based in Italy; Bacardi, a worldwide producer of rum; CL Financial, a conglomerate based in Trinidad and Tobago; and Angostura Holdings Limited, another Trinidadian-based corporation.
Each of these companies have played an important role in Florida Caribbean Distiller’s success over the years. Gruppo Campari has provided marketing and distribution support for the company’s products while Bacardi has helped
Ownership Structure
Florida Caribbean Distillers (FCD) is a privately owned spirits company based in the Caribbean. The company’s ownership structure consists of three main entities: a majority shareholder, minority shareholders, and a management team. The majority shareholder is the controlling party in the company and holds the majority of the issued shares. Minority shareholders are those who hold a smaller portion of the issued shares, and management consists of executives who are responsible for day-to-day operations.
The majority shareholder in FCD is V&S Group, a global spirits business based in Sweden. V&S Group is owned by Pernod Ricard, one of the world’s largest drinks companies. Pernod Ricard acquired V&S Group in 2008 and has since become FCD’s primary shareholder. V&S Group owns approximately 68% of FCD’s shares, with minority shareholders owning the remaining 32%.
The management team at FCD consists of an executive chairman, CEO, CFO, and other executives responsible for various operations within the company. These executives have been hand-picked by
Influence of Private Equity Financial Investors in the Ownership of Florida Caribbean Distillers
The ownership of Florida Caribbean Distillers (FCD) has been strongly influenced by private equity financial investors over the years, leading to a number of significant changes within the company. Private equity financial investors have been instrumental in providing capital to FCD, enabling it to expand its operations and increase its production capacity. This increased production capacity has allowed FCD to become one of the leading distilleries in the Caribbean region.
Private equity financial investors have also played a key role in helping FCD develop new products and services to meet changing customer needs. These new products and services have enabled FCD to remain competitive in an increasingly crowded marketplace. Additionally, private equity financial investors have provided FCD with access to additional capital for expansion projects, including a major renovation project that recently completed at their flagship facility.
In addition to providing capital for expansion projects, private equity financial investors have also been essential in helping FCD improve its operational efficiency and reduce costs. Through their close relationship with FCD, private equity financial investors have provided valuable insights into how the company can improve its operations and reduce costs
Conclusion
Florida Caribbean Distillers (FCD) is one of the leading producers of spirits in the Caribbean region. They have a long history of producing high-quality products and have consistently been at the forefront of innovation in the distilling industry. With an impressive portfolio of award-winning products, FCD has established itself as a leader in the Caribbean rum market.
FCD is owned by the Bermudez family, who has been involved in distilling and related industries since the late 1800s. Their legacy and commitment to quality has been a driving force behind FCD’s success, making them one of the most respected spirit producers in their region.
The company’s long history and commitment to quality has enabled them to produce some of the best rums in the world. With their range of award-winning products, they are truly one of a kind when it comes to rum production and will continue to lead this industry for many years to come.
In conclusion, Florida Caribbean Distillers is an excellent example of a successful spirit producer that is owned by a committed family. With their range of excellent products and their dedication to quality, they
