Saturday, September 25, 2021
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Lethbridge’s Black Velvet whisky distillery soon to be under new ownership

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Lethbridge’s Black Velvet whisky distillery will soon be under new ownership.

Constellation Brands says it’s agreed to offload Black Velvet to American distilled spirits supplier, Heaven Hill Brands, for about $226-million.

The deal includes the production facility in Lethbridge along with a subset of Canadian whisky brands produced at that site.

Heaven Hill says Black Velvet is a historic, well-known, and high-volume brand that complements its broad distilled spirits portfolio.

The transaction is expected to close before the end of the year.

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Tina Karst

A Lethbridge College alumnus, Tina moved back to the community two years after convocation, in September 2007, to become a member of the CJOC News Team. She started as a weekend reporter/anchor and now serves as Associate News Director. When Tina’s not tracking down local news, she’s either busy at home with Jordan and their two kids or creating custom macrame pieces for a growing list of clients.

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