E&A Scheer, a global blender and vendor of premium rum in bulk, reveived a significant investment from The Riverside Company. Financial terms were not disclosed. “We are thrilled to add the Scheer investment to our portfolio,” says Riverside Partner Karsten Langer. “Rum is the fifth most consumed spirit category in the world, and also one of the fastest growing, due to the emergence of artisanal and craft brands and an ongoing premiumisation of the category. These trends play to Scheer’s strengths, and we are excited to help the company’s continued growth.”