The transaction marks the group’s first move into the premium single malt Scotch whisky market, a category experiencing strong growth all over the world, especially in the very high-end segment.
Bruichladdich, the progressive Hebridean distiller, was purchased in December 2000 by Mark Reynier and a group of private investors who resurrected the Victorian distillery.
Total transaction value amounts to £58m, comprising £48m for the acquisition of the entire share capital of Bruichladdich, and estimated debt of £10m that Rémy Cointreau will assume.
Completion of the transaction is expected to occur within six weeks.
Source: Rémy Cointreau
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