Healdsburg, California – 25 May, 2010 – Robert Nicholson, the principal of International Wine Associates, the mergers and acquisitions advisory firm that specializes in the liquor and wine industry, announced that IWA served as exclusive advisors to the owners of Hangar One vodka, the leading brand of American craft distilled vodka, and initiated the sale of the trademark and distribution rights to Proximo Spirits, a U.S. subsidiary of Jose Cuervo.

Terms of the transaction were not disclosed.