GBH-backed SPIRIBAM completed the acquisition of Joseph Cartron.

GBH-backed SPIRIBAM, a distributor of fine Caribbean rums from Martinique and Saint Lucia, completed the acquisition of Joseph Cartron, an operator of a liqueur distillery. Financial terms were not disclosed. "We have patiently waited for the correct opportunity to diversify outside of rum. The union with a French company that shares so many of the same time-honored traditions, valued passions, and being a recognized expert of their craft make the synergies with our rum distilleries too good to pass up. We are ready for this new challenge," Benjamin Jones, SPIRIBAM Director of North America.