The growth comes from the continued success and investment behind its core global brands, including Glenfiddich, Grant’s Blended Scotch whisky, The Balvenie Single Malt Scotch Whisky, Hendrick’s Gin and Sailor Jerry, and from the first full year of operation of the distribution of Stolichnaya Vodka in the US.
During the course of 2009, William Grant & Sons continued to invest significantly behind its core global brands and established a marketing office in India, to manage the brands across the subcontinent, and a joint venture with its distribution company Amvyx in Greece.
The company also completed the first full year of its European relationship with Rémy Cointreau, which included the new joint venture in France and a distribution deal with the company’s UK subsidiary First Drinks Brands.
Stella David, William Grant & Sons’ chief executive, said: “2009 was a good year for the company thanks to the continued investment behind our core brands, new distribution agreements and our improved route to market. We remain focused on becoming the most coveted branded spirits company in the world and shall continue to invest in Glenfiddich and our other core brands to secure the long-term future of the business.
“Thanks to our continued success, we’ve recently been able to acquire Tullamore Dew Irish Whiskey, allowing us to enter the dynamic Irish whiskey category and build another truly iconic brand.”
Source: William Grant & Sons
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