Rémy Cointreaus Bruichladdich deal is worth GBP58m (US$90.3m)

Rémy Cointreau's Bruichladdich deal is worth GBP58m (US$90.3m)

Rémy Cointreau has today (3 September) confirmed the completion of its acquisition of Bruichladdich Distillery Company, the Islay-based Scotch whisky producer.

The GBP58m (US$90.3m) purchase was first announced in July and handled through Rémy Cointreau's UK subsidiary. It includes Bruichladdich's Islay distillery and brands including Classic Bruichladdich, Port Charlotte and The Botanist Gin.

Bruichladdich was bought from Beam Global Spirits & Wines in 2000 for $10.1m.

When the Remy Cointreau deal was announced, Bruichladdich MD Mark Reynier said it meant "the future of Bruichladdich the brand, distillery and staff is assured".