Rémy Cointreau to Purchase the Entire Share Capital of Bruichladdich Distillery Company Limited
Rémy Cointreau Group has agreed to acquire Bruichladdich Distillery Company Limited (“Bruichladdich”), the Islay single malt Scotch whisky distiller.
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. This deal sustains Rémy Cointreau’s long term value strategy, geared to investing into international premium spirits with strong“savoir-faire”.
“The acquisition of Bruichladdich, a renowned Islay single malt with a rich and exciting heritage, is a great opportunity to enrich our high-end portfolio of brandsand to confirm our strategy in the spirits luxury segment. We expect Bruichladdich to sit proudly alongside our other brands and we look forward to working
closely with Bruichladdich’s experienced and passionate management team,” said Jean-Marie Laborde, Chief Executive Officer of Rémy Cointreau.
Bruichladdich, the progressive Hebridean distiller, was purchased in December 2000 by Mark Reynier and a group of private investors who resurrected the Victorian distillery developing it in to an exciting brand with worldwide acclaim.
Total transaction value amounts to £58m, comprising of £48m for the acquisition of the entire share capital of Bruichladdich and estimated debt of £10m that Rémy Cointreau will assume.