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Wisynco Acquires Stake in Select Brands, Takes Over Stone’s Ginger Wine Production
Wisynco Group Limited has entered into a major strategic partnership with Select Brands Limited through the acquisition of Ringtail Bottlers Limited, the manufacturing arm behind the popular Stone’s Ginger Wine. As part of the agreement, Wisynco will also take a 30 percent stake in Ringtail Holdings, the parent company of Select Brands, while assuming responsibility for the production of Stone’s Ginger Wine and other beverage brands locally and internationally. Key Details The partnership was officially announced on Monday, August 25, at the AC Marriott Hotel in New Kingston. Wisynco’s role: The company will now handle the production of Stone’s Ginger Wine for Jamaica, the wider Caribbean, and the United States. It will also oversee production of Ringtail Bottlers’ additional portfolio, which includes Irie Moss, Prestige Liqueurs, Bandolero, and Privateer. Select Brands’ role: The distributor will retain ownership of the brands and continue marketing and distribution, f...
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