Gold Corn & Co has acquired 100% of Kentucky-based bourbon distiller J. Mattingly 1845, purchasing founder Jeff Mattingly’s full equity stake in the business. The financial terms of the deal remain undisclosed, but completion is expected in the coming months.

The move builds on Gold Corn’s earlier, undisclosed investment in the brand two years ago. According to the company, the new ownership intends to expand distribution into new US states and continue producing distinctive whiskies using J. Mattingly’s trademarked double-staving process—an approach that enhances flavour through the use of charred oak staves.

Jeff Mattingly and his wife Melissa, who co-founded the business in 2010, will step away from ownership, while their son, Cameron Mattingly, remains vice president of production. He will continue leading blending and bourbon production.

“We welcome Gold Corn & Co, Andrew Varga, and Carl Cordova to continue on with the Mattingly brand and continue their philanthropy working with veterans and first responders,” Jeff Mattingly said.

All current employees are expected to retain their roles under the new ownership.

J. Mattingly 1845 sells across several US states and is available in 46 states online. The company joins a growing list of US spirits businesses undergoing ownership changes, as private equity and strategic buyers increase their activity in the sector. Recent examples include Middle West Spirits’ acquisition of Old Elk Distillery and Scotland’s Loch Lomond Group buying The New York Distilling Company.

This acquisition signals continued investor interest in US craft distilleries, driven by strong brand stories and premium product strategies.

Source: Yahoo Finance

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