FRANCE/UK: Rémy Cointreau completes Bruichladdich buy
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.
Ever since Remy Cointreau put up the best part of US$90m for independent Islay distiller Bruichladdich last year, the Scotch industry has been wondering who's next in line for acquisition....
Loch Lomond Distillers has remained silent over speculation it is about to swallowed up in a private investor takeover. ...
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