Page 74 - TFWA World Exhibit 2023 Special Edition
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INSIDER



              Bacardi GTR launches Patron El Cielo



                  Bacardi Global Travel Retail is
              launching Patron El Cielo, a prestige silver
              tequila, which the company says will help
              super-charge the tequila category in travel
              retail.
                  Translating to “the sky” in Spanish,
              Patron El Cielo is an unaged, four-times
              distilled silver tequila that is crafted in the
              smallest copper port stills at the Patron
              Hacienda distillery in the Jalisco Highlands
              of Mexico.
                  The multi-layered distillation used
              to create Patron El Cielo –and which the
              company says is unheard of in the industry
              – opens up the natural sweetness and
              smoothness of the agave, with perfectly
              balanced complexity to achieve a light   super-premium and prestige categories,   glass bottle (70cl) decorated with gold
              tasting and radiantly smooth body.    driven by the surge in elevated cocktail-  designs inspired by the volcanic tahona
                  It took Master Distiller David   making. The Tequila category is on fire   stone used in the artisanal production
              Rodriguez and his team over 150 tasting   right now, with +9% CAGR predicted   process, agave fields and natural light
              sessions to perfect the final liquid.  over the next three years. Our ambitions   found within the homeland of Patron.
                  “This is the perfect moment to   for Patron are huge and we will continue   Tequila is the fastest growing spirits
              release Patron El Cielo into Travel   supercharging the category with   category globally, expected to reach $26bn
              Retail,” said Bacardi Global Travel   innovations that make consumers fall   in sales by 2027. Global Travel Retail is
              Retail Global Head of Marketing,   in love with our tequila portfolio.  The   the fastest growing tequila market, the
              Ignacio Vazquez. “With the rebound in   unique stand out in the prestige price   4th largest globally and, with the tequila
              leisure travel, there’s a wonderful sense   tier created by Patron El Cielo is a great   landscape premiumizing, Bacardi sees a
              of excitement amongst spirits shoppers   example of how we intend to deliver   tremendous opportunity for Patron Tequila
              looking for new discoveries on their   continued growth for our retail partners.”  to further accelerate its explosive growth as
              travels and innovation in their favorite   The liquid is housed within an iconic   the leading super premium tequila.


              Bacardi buys Ilegal Mezcal

                  Bacardi Limited has announced that   portfolio and bringing it into our business
              it has completed the transaction of Ilegal   sets the brand up for even greater growth
              Mezcal which makes it the sole owner of   as mezcal captivates more and more
              the super premium artisanal mezcal.  consumers.”
                  The transaction follows a successful   Ilegal also prides itself on being a
              relationship in which Bacardi partnered   responsible and sustainable business. They
              with Ilegal since 2015.            work with fourth-generation maestros
                  The super-premium plus mezcal   mezcaleros in Santiago Matatlán, Oaxaca,
              category is growing at a fast pace and is   Mexico. Ilegal Mezcal is double distilled
              expected to grow at a CAGR of 16% over   in small batches using 100% Espadin
              the next five years according to IWSR.   agave. Ilegal Mezcal is 100% natural and
              Between now and 2027, the agave category   uses no artificial colors, yeasts, flavors, or
              – which includes both mezcal and tequila –   additives. It is certified as artisanal mezcal
              is expected to be the sixth largest category   by the Consejo Regulador del Mezcal   “We are excited about the next stage
              globally, and it recently overtook American   (CRM).                 of the journey. Success for Ilegal goes
              Whiskey to become the second largest   John Rexer created Ilegal in 2006,   beyond seeing more of our bottles on
              category (by value) in the U.S. At 86%   after years of working with small distillers   shelves; it’s about building our business the
              of global market share, the United States   in Oaxaca to make mezcal for his bar in   right way. We will always be committed
              dominates the super-premium mezcal   Guatemala. He has worked closely with the   to artisanal production, the Oaxacan
              category. (Source: 2022 IWSR).     distillers in Oaxaca to create sustainable   community, and our core values. Being
                  Bacardi says it believes that Ilegal   jobs, and to be a positive force in   a part of Bacardi will bring Ilegal to a
              “has the credentials to own and lead the   protecting the environment and preserving   larger audience while maintaining our
              super-premium mezcal category at a global   local culture. Rexer will continue to guide   commitment to sustainability and growing
              level. Ilegal perfectly complements our   the vision of the brand.   the business responsibly,” says Rexer.

              October 2023                                                                             74



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