Destilería Serrallés
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Destilería Serrallés
Destilería Serrallés is a rum producer located in Ponce, Puerto Rico, and best known for its Don Q rum brand. The company is Puerto Rico's oldest family-owned company and has revenues of over 100 million dollars. In 2011, it was responsible for pumping over $300 million annually into the Puerto Rican economy from the sale of its rums in the United States mainland alone. History The history of Destilería Serrallés is the history of the Serrallés family. The Serrallés family was a Spanish family from Catalonia that established its links to Puerto Rico in the mid-1830s. They were successful in harvesting and refining cane sugar and exporting it to the United States, the United Kingdom and France. The sugar cane plantation they built virtually became a company town, and eventually had its own Rail transport, rail line, workers' housing, transportation fleet, commissary, and private—later public—airport (Ponce's Mercedita Airport). Most of these operations were eventually a ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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