Edrington sells Cutty Sark to La Martiniquaise-Bardinet
Edrington has sold its Cutty Sark Scotch Whisky brand to La Martiniquaise-Bardinet for an undisclosed sum.
As part of the deal, Edrington will continue to provide blending, bottling and other associated services during a transition period, with the transfer expected to complete within a month.
Cutty Sark “perfectly complemented” La Martiniquaise-Bardinet’s portfolio of international brands, said president Jean-Pierre Cayard.
“This acquisition is a major step forward to accelerate our international expansion. It will further strengthen our position in Europe and boost our presence in key markets such as the US and Japan,” he said.
With Cutty Sark, the business consolidates its position in Scotch Whisky, entering in the world’s top five groups (IWSR), he added.
Headquartered near Paris, the group operates in over 100 countries with 30 production sites and in-market companies in France, UK, Spain, Italy, Belgium, Netherlands and Portugal.
Other brands in its portfolio include Label 5, Sir Edward’s and Glen Moray Scotch Whisky, Poliakov Vodka, Porto Cruz and Negrita & Saint James Rum.
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