Jay Z has announced he's acquired Armand de Brignac (Ace of Spades) Champagne from Sovereign Brands.

The US rapper has been a longtime advocate of the brand, and commissioned a 350 bottle tower of Armand de Brignac to serve as the centrepiece at a fundraiser for President Obama two years ago. Yvonne Lardner, global PR and marketing spokesperson for Sovereign Brands, commented 'We have had a wonderful relationship with Jay Z throughout the years since he first discovered Armand de Brignac. He became interested in owning the brand and made us an offer we simply couldn't refuse'.