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Announced

William Grant & Sons to acquire The Famous Grouse and Naked Malt Scotch Whisky brands from Edrington.

Synopsis

William Grant & Sons, a whiskey manufacturer, agreed to acquire The Famous Grouse and Naked Malt Scotch Whisky brands from Edrington, a distiller. Financial terms were not disclosed. “This decision is driven by our strategy to focus on our core strengths and the growth opportunities in the ultra-premium spirits category. We consider this the right moment for Edrington to exit the blended Scotch category and focus on our core portfolio of ultra-premium spirit brands. The Famous Grouse is a well-loved brand that has consistently performed in its category during the time it has been part of Edrington, and Naked Malt has grown its reputation. I am confident that these brands are well-positioned to continue to succeed as part of the William Grant & Sons portfolio," Scott McCroskie, Edrington CEO.

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