MGP: brands it owns and its ownership tree
MGP (NASDAQ: MGPI) is a publicly listed company headquartered in Atchison, Kansas, United States that owns 6 consumer brands.[1][2]
MGP Ingredients is a Kansas company, founded in Atchison in 1941 by Cloud L. Cray Sr., that distils whiskey sold under other companies' labels, owns its own spirits brands and makes wheat starches and proteins for food manufacturers. It became a major brand owner when it merged with Luxco in 2021, and bought Penelope Bourbon in 2023. Its sales fell from $837 million in 2023 to $536 million in 2025, as sales of bulk brown goods whiskey to other companies halved in 2025.
-
brands owned
-
1
categories
-
0
acquisitions recorded
-
0
divestitures recorded
Company facts
- Legal name
- MGP Ingredients, Inc. (also MGP Ingredients, Luxco)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Atchison, Kansas, United States
- Founded
- 1941
- Tickers
- NASDAQ: MGPI
- Revenue
- $536.4 million (2025)[2]
- SEC CIK
- 0000835011
- Website
- www.mgpingredients.com
- Last verified
- · 2 sources
What MGP's annual report says about its business
Read from MGP's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Branded Spirits, Distilling Solutions, Ingredient Solutions:
At December 31, 2025, the Company had three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions.
Acquisitions and disposals named in the filing
- Acquired: Penelope (first half of 2026).
Additionally, in accordance with the terms of the agreement, we will pay out the full contingent consideration related to the Penelope acquisition during the first half of 2026.
MGP in numbers
- MGP owns 6 consumer brands tracked here across 1 top-level categories; the largest is beverages with 6 brands.[1]
MGP financial history
Headline figures from MGP's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $395.5m to $536.4m, an average of 6.3% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $536.4m | $-94,615,000 | -17.6% | $-107,809,000 | $1.24bn | — | 10-K | |
| $703.6m | $74.4m | 10.6% | $34.7m | $1.41bn | — | 10-K | |
| $836.5m | $148.6m | 17.8% | $107.5m | $1.39bn | — | 10-K | |
| $782.4m | $149m | 19.0% | $109.5m | $1.16bn | $29.5m | 10-K | |
| $626.7m | $126.4m | 20.2% | $91.3m | $1.04bn | $35.3m | 10-K | |
| $395.5m | $54.2m | 13.7% | $40.3m | $366.6m | $38.3m | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything MGP owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree → · Download as infographic
Brand portfolio by category
MGP in the global legal-entity registry
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
- Legal entity identifier (LEI)
- 2549006OMHFVZ4MS8538
- Registered name
- MGP INGREDIENTS, INC. (US)
- Registration status
- Issued · record updated 18 May 2026
- Parent
- None named: it reports that it has no parent that consolidates its accounts.
- Retrieved
- · GLEIF record (JSON)
MGP SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Change to articles or bylaws; Regulation FD disclosure | |
| 8-K | Entry into a material agreement | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Regulation FD disclosure | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers; Change to articles or bylaws | |
| 8-K | Results of operations and financial condition |
Frequently asked questions
What brands does MGP own?
MGP owns 6 consumer brands tracked here, including Rebel Bourbon, Yellowstone Bourbon, Remus Bourbon, Penelope Bourbon, Blood Oath and Ezra Brooks.
Is MGP an American company?
Yes. MGP is headquartered in Atchison, Kansas, United States and was founded in 1941.
Who owns MGP?
MGP is a publicly listed company owned by its shareholders; it trades as MGPI on the NASDAQ.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] MGP Ingredients, Inc. Annual Report on Form 10-K filed 2026-02-25 — SEC EDGAR, SEC Form 10-K, published 25 February 2026; retrieved 16 September 2026.
- [2] MGP Ingredients, Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 25 February 2026; retrieved 4 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.