LOUISVILLE, Ky.--(BUSINESS WIRE)--
Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that it
has completed its acquisition of The BenRiach Distillery Company Limited
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,” said Brown-Forman Chief Executive Officer Paul Varga.
“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.
For more than 145 years, Brown-Forman Corporation has enriched the
experience of life by responsibly building fine quality beverage alcohol
brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s & Cola,
Jack Daniel’s Tennessee Honey, Gentleman Jack, Jack Daniel’s Single
Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Canadian Mist,
Herradura, New Mix, Sonoma-Cutrer, Early Times, and Chambord.
Brown-Forman’s brands are supported by nearly 4,400 employees and sold
in approximately 160 countries worldwide. For more information about the
company, please visit http://www.brown-forman.com/.
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Brown-Forman Corporation
Phil Lynch, 502-774-7928
Vice
President
Director Corporate Communications and Public Relations
or
Jay
Koval, 502-774-6903
Vice President
Director Investor Relations
Source: Brown-Forman Corporation