Page 86 - IAADFS Summit 2023 Special Edition
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INSIDER



          Blue Caterpillar reflects on positive first year as it grows its global travel
          retail business




              A little over a year after starting their   “We are extremely disciplined   In September Blue Caterpillar added
          boutique spirits distribution company, Blue   to ensure every single retail partner   Ireland Craft Beverages, and launched Two
          Caterpillar, LLC, co-founders Michael   has a portfolio proposition that caters   Stacks Irish whiskey in travel retail.
          Gebrael and Christoph Henkel return to   individually to their pax profile. No one   This February, Blue Caterpillar was
          the IAADFS Summit of the Americas with   wants to have products collecting dust on   appointed exclusive distributor for Anora’s
          a diverse wine and spirits portfolio and a   the shelves and we are always looking   Travel Retail Americas, including airlines,
          strong desire to keep growing its business.   into the data very proactively to remain   cruise ships, and the Caribbean. Anora is
              “We are indeed very fortunate, and   nimble.”                    known for its key brands - Koskenkorva,
          thrilled with the pacing and the progress   Blue Caterpillar offers a full wholesale   Nordic Lab Spirits, Larsen, and Skagerrak.
          we have made since our go live in April   distribution commercialization service,   Blue Caterpillar also works closely
          2022. Building categories is what keeps us   with all the back office back bone support   with the portfolio of Duty Free Global
          excited, and everything we do is centered   as well as all the necessary import licenses   including the Sazerac brands.
          around this notion,” the two well-known   for liquor into the United States domestic
          travel retail executives tell TMI.  market.                          The Blue Caterpillar name
              Each of the experienced Blue                                        Based on their insights and data,
          Caterpillar principals brings very different   Wine and Spirits portfolio  Gebrael and Henkel say the time was right
          backgrounds to the table, but Gebrael   Blue Caterpillar’s portfolio includes   to launch Blue Caterpillar in early 2022,
          (CEO) and Henkel (COO) say the diversity   leading brands in multiples categories. The   despite the impact that the COVID-19
          has seamlessly worked together to form a   company prides itself in embracing thriving   pandemic was having on travel.
          stronger entity.                  or underrepresented categories.       “We were both ready, and … despite
              “Despite having had very different   “We are very fortunate to have the   the challenges, we knew that we were at
          corporate careers and cultural backgrounds   trust of our Brand Partners. Every single   an inflection point and as it always does,
          our core beliefs are very similar. We have   brand/company in our portfolio has a   Travel Retail was bound to come back.”
          known each other for more than 15 years,   strategic role to play... This allows us to   The name Blue Caterpillar was
          and since day one, our friendship was   stay true to our ethos of transparency and   inspired, in part, from mescal, based on one
          formed on transparency and great sense of   long-term strategic relationships.”  of its first brands, Mezcal Thesis.
          intellectual respect.”                Blue Caterpillar went live in 2022   “Some craft mescals would come with
              Prior to starting Blue Caterpillar,   with wines and spirits from Distell, the   the mezcal worm in the bottle which was a
          Gebrael was the President and CEO of   Ron Carupano portfolio of rums, and Los   symbol of craft.”
          VEGA, a plant based protein powder   Amantes mezcal. Since then it has added   The blue comes from the “blue
          brand, as well as CEO of Tea Forte, a   a number of strategic brands in multiple   Mondays” that every executive in the
          luxury lifestyle tea, and held several global   categories.          corporate world has at some point in their
          roles at L’Oréal, Estée Lauder and Bare   In June 2022 Blue Caterpillar   careers, they say.
          Minerals.                         announced a partnership with The Water   “After having been through several
              Henkel began at Gebr. Heinemann   Group, LLC (TWG) for the distribution of   blue Mondays in our corporate lives,
          working in Europe, Asia and lastly the   Revanche Cognac in Global Travel Retail.  we know that nourishing your mind
          U.S., where he was the lead executive                                with positive thinking is the key to a
          member of a team in 2013 bringing the                                transformational process that will enable
          company back to North America. In 2016                               you to keep evolving and transcend into a
          be co-founded liquor distribution company                            beautiful butterfly.”
          Innotri in Miami.                                                       While Blue Caterpillar is only a year
              Based in Boston and Miami, where                                 old, its founders see great things ahead as
          the Blue Caterpillar office is able to service                       it grows.
          the gateway to the region, the Americas                                 “We are investing heavily in our IT
          is currently the leading territory for Blue                          infrastructure to be ready to capitalize on
          Caterpillar. But the executives tell TMI                             regulatory changes as well as enabling
          they have the infrastructure to reach the                            our brand partners to connect directly
          entire global travel retail market.                                  with the end consumer,” they say. “In five
              “We have an infrastructure that allows                           years we would love to see the company
          us to service all our retail partners in Travel                      more balanced in terms of its presence
          Retail. We are just in the first inning.”                            in the different GTR regions and as we
              Blue Caterpillar says it offers                                  are investing into that growth with new
          “transparent, long lasting and strategic                             team members, infrastructure as well as
          relationships with anyone we do business                             new (global) brand partnerships we feel
          with.”                              Los Amantes at DFS’ JFK Terminal 4  confident that this is a realistic target.”


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