Scottish spirits producer Edrington sells The Famous Grouse and Naked Malt brands to William Grant & Sons.
Edrington, a Scottish spirits producer, is selling its blended Scotch whisky brands, The Famous Grouse and Naked Malt, to William Grant & Sons. The deal, which requires regulatory approval, aligns with Edrington's strategy to concentrate on ultra-premium spirits. CEO Scott McCroskie believes the brands will thrive under Grant's ownership, benefiting from its extensive experience and diverse portfolio. The sale price remains undisclosed.
September 23, 2024
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