Rémy Acquires Seattle Single Malt Producer Westland DistilleryDecember 1, 2016
Rémy Cointreau has entered the U.S. market’s craft spirits segment, acquiring Westland Distillery for an undisclosed price. The Seattle-based Westland is known for its portfolio of high-end single-malt whiskies, which range in price from around $70 to $125 a 750-ml.
As SND reported earlier this year, Westland—a leader in the emerging American single malt whiskey category—has been expanding its lineup via new product activity.
With single malt whisk(e)y thriving in the U.S., Rémy is aggressively building its presence in the segment. The French drinks group purchased Islay’s Bruichladdich for $90 million in 2012, and last month it entered into exclusive negotiations to purchase French single malt producer Domaine des Hautes Glaces. Rémy says the Westland deal is expected to close by year-end, and that the Domaine des Hautes Glaces transaction may also be completed by then. —Peter ZwiebachSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.