Thursday, December 1, 2016
Rémy Cointreau acquires Seattle distiller Westland
Westland Distillery, as Remy Cointrueau's announcement puts it, "is at the vanguard of the growing American single malt whiskey movement that aims to secure a firm description for the category in the United States and abroad."
Westland has received many awards including this year being named “World Craft Producer of the Year” by Whisky Magazine, the world's largest English-language magazine cover9ing the industry.
All three of its flagship malts -- the American Single Malt Whiskey, a Peated Malt, and a Sherry Wood expression -- have received scores of 95 points or higher in tasting ratings within the past year.
The transaction is expected to close before the end of the year. Neither party made public the price of the deal.
The Rémy Cointreau Group, whose origins in the Charente region of France date to 1724, is the result of the merger in 1990 of the holding companies of the Hériard Dubreuil and Cointreau families, which controlled E. Rémy Martin & Cie SA and Cointreau & Cie SA respectively. Rémy Cointreau has a portfolio of global, upmarket brands, including the Rémy Martin and Louis XIII cognacs, the Cointreau liqueur as well as the Metaxa, Mount Gay, St-Rémy, Bruichladdich, Port Charlotte, Octomore and The Botanist spirits.
Posted by William M. Dowd at 2:42 PM