As many know by now, yesterday, Sazerac announced that it would acquire the hot, multi-base, distinctly spherical shaped RTD brand, @BuzzBallz. Talk about a multi-hyphenate: Founder Merrilee Kick has the only woman-owned owned distillery, winery and brewery combo in the United States.
As we reported this morn via our Wine & Spirits Daily sister pub, BuzzBallz spirit-based cocktails are consistently growing double digits in Circana-measured channels, up nearly 30% in the latest week to March 10.
We’ve been saying all along that more brands should do exactly what this brand has – forge their own category with truly differentiated packaging. Not as easy as it sounds, of course. The downside is that lacking a “plug and play” format can be challenging (to break into retail infrastructure). The giant potential upside, however, is cutting the line to consumer awareness and loyalty in an age of so much clutter. Brands that have made the approach work for them include Red Bull (the first to popularize slim cans), 5 Hour Energy (whatever you call that format), BeatBox (one of the few/first bev alc single serve Tetras), Clase Azul (whose bottles double as fine art). Note that most of those brands are c-store and single serve centric.
Speaking of c-stores, from the Sazerac side, it obviously offers a new way to build out their convenience presence (like they’ve been doing with Fireball). It’s also notable that trendy BuzzBallz seems a very different kind of acquisition for the whiskey-centric company, which in the last 10 years has been acquiring for a decisively different demographic: They’ve purchased Canadian Mist, Paul Masson and Southern Comfort, for example. (Fun fact, I was introduced to Southern Comfort right out of college, when my dad bought me a bottle. Sometimes it was the only thing to eat in my apartment. So, I drank it sometimes.)
More in tomorrow's BBD.