As expected, Brown-Forman Corp. completed its acquisition of BenRiach Distillery Co. for £281 million ($404.5 million).
The purchase, which brings three outstanding Single Malt Scotch Whisky brands – The GlenDronach, BenRiach, and Glenglassaugh – into Brown-Forman’s growing whiskey portfolio, includes brand trademarks, three malt distilleries, a bottling plant, and the company’s headquarters in Edinburgh, Scotland.
“With this acquisition, Brown-Forman re-enters one of the spirits industry’s most exciting and consistent growth segments, Single Malt Scotch Whisky,” said Brown-Forman Chief Executive Officer Paul Varga.