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Stoli filed for Chapter 11 for its two US businesses Stoli Group USA and Kentucky Owl in November 2024.
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"Ghost Tequila was up 12% last year, in an extremely difficult spirits environment in the US," McDonnell said. "Most other Tequilas are showing double-digit declines."
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The deal, effective this month, includes Beltè's trademark, brand and recipe.
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The probiotic soda brand has named a new CEO, chief commercial officer and chief operating officer.
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A non-recyclable plastics tax is planned to fund the VAT cut to 5%, although details have yet to be ironed out.
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The forum, organised by Arena International, Just Drinks’ sister events business, made its debut last year and will reconvene in London on 22 January.
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The US company is test-launching a range of “plant protein” beverages.
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Citing preliminary figures, the Super Dry brewer said its domestic beer sales dropped by at least a fifth in December versus the same month in 2024.
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