Brown-Forman Re-enters Single Malt Scotch Whisky Sector
Brown-Forman Corporation has completed its acquisition of The BenRiach Distillery Company for £281 million. The purchase, which brings three outstanding single malt Scotch whisky brands – The GlenDronach, BenRiach, and Glenglassaugh – into Brown-Forman’s growing whiskey portfolio, includes brand trademarks, three malt distilleries, a bottling plant, and the company’s headquarters in Edinburgh, Scotland.
“With this acquisition, Brown-Forman re-enters one of the spirits industry’s most exciting and consistent growth segments, single malt Scotch whisky,” says Paul Varga, chief executive of Brown-Forman. “The GlenDronach, BenRiach, and Glenglassaugh single malt brands are among the finest single malts in the world and we look forward to continue building them around the globe.”
The GlenDronach Distillery, located in the hills of the Scottish Highlands, was founded in 1826. GlenDronach produces a range of ultra-premium single malt whiskies and is most noted for its richly sherried whiskies.
Located in the heart of Speyside, The BenRiach Distillery began making malt whisky in 1898 and is known for experimenting with wood finishes producing whisky from both non-peated and peated malted barley.
The Glenglassaugh Distillery, founded in 1875, is located on the coast in the northern Scottish Highlands overlooking the North Sea producing a coastal Highland malt.
Brown-Forman Corporation’s portfolio includes well known brands such Jack Daniel’s, Finlandia, Korbel, el Jimador, Woodford Reserve, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, and Chambord. Brown-Forman’s brands are sold in approximately 160 countries worldwide.
