Suntory Disposes of Cognac Business

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Suntory Disposes of Cognac Business

July 24

10:05 2015

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Suntory is selling Louis Royer, its French spirits business, to Terroirs Distillers, a privately-held fine spirits company based in France, for Eur100 million. The transaction includes the Louis Royer cognac brand, aging inventories, and facilities in France.

The companies expect to complete the transaction by the end of August.

Terroirs Distillers produces and sells fine spirits including Tullibardine Single Malt and Highland Queen Scotch Whisky.

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Suntory Disposes of Cognac Business

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Suntory Disposes of Cognac Business

Suntory Disposes of Cognac Business

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mike

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