FRANCE/UK: Picard Vins & Spiriteux snaps up Tullibardine
Burgundy-based Picard Vins & Spiriteux has purchased the single malt whisky distillery Tullibardine for an undisclosed sum.
The purchase strengthens the French family-owned company’s whisky portfolio, which includes the Highland Queen brand, which was bought from Moet Hennessy-controlled Glenmorangie Co in 2009.
Picard Vins & Spiriteux chairman Michel Picard said this week: “We look forward to working with the team at the Tullibardine distillery to increase the profile, awareness and sales of the brand over the coming years.”
Established in 1949, Perthshire-based Tullibardine has been owned by a group of private investors since 2003. According to the International Wine & Spirit Research, Tullibardine sells around 900 cases worldwide annually.
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