Closing of the Westland Distillery Acquisition
06 Januar 2017 - 7:30AM
Business Wire
Regulatory News:
The Rémy Cointreau Group (Paris:RCO) is pleased to announce the
closing of the Westland Distillery acquisition. Further to the
acquisition of Bruichladdich in 2012 and the Domaine des Hautes
Glaces yesterday, the acquisition of Westland expands further Rémy
Cointreau’s portfolio into the fast growing high-end single malt
whisky category.
Valérie Chapoulaud-Floquet, CEO of the Rémy Cointreau Group,
comments: “We are thrilled to welcome Westland into the Rémy
Cointreau family, adding to our portfolio a distinctly
American-style single malt whiskey. But it goes beyond that: we
share the same values that have driven the success of Westland,
such as the importance of terroir, a combination of ancestral
savoir-faire and progressive mind-set as well as time and patience.
Westland’s high provenance whiskeys reflect the singular character
of the Pacific Northwest terroir, from natural world-class
ingredients, to traditional distillation methods and an ageing
process in new varietals of oak, in an ideally humid environment
for the maturation of whiskey. We are confident the Rémy Cointreau
Group can help this exceptional brand live up to its potential, by
developing it further across the United States before expanding it
globally in the future.”
Master Distiller and co-Founder Matt Hofmann adds: “The Westland
team is extremely excited to be joining the Rémy Cointreau group.
Not only will we be maintaining and expanding our vision for
Westland and the American single malt whiskey category, but we will
have the assistance and guidance from a strategic partner whose
philosophy so perfectly aligns with our own. With the assistance of
the Rémy Cointreau team, we’re very much looking forward to sharing
this vision with more people around the world for years to
come.”
About Rémy Cointreau:
The Rémy Cointreau Group is a leading operator in the global
Wine & Spirits market with sales of €1,050.7 million for the
year ended 31 March 2016 and approximately 1,800 employees. The
Rémy Cointreau Group, whose origins in the Charente region date
back 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, The
Botanist, Bruichladdich, Port Charlotte, Octomore and The Domaine
des Hautes Glaces spirits. Rémy Cointreau is listed on NYSE
Euronext Paris.
About Westland Distillery:
Based in Seattle, WA, Westland Distillery produces whiskey that
offers a distinctly American single malt style. Westland boasts a
portfolio of high-end single malts, with a price range of between
USD70 and USD125.
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version on businesswire.com: http://www.businesswire.com/news/home/20170105006234/en/
Rémy CointreauLaetitia Delaye, +33 1 44 13 45 25
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