19 hours ago
- Business
- The Herald Scotland
Billionaire drinks family acquires UK's best-selling whisky
North Lanarkshire-based William Grant & Sons celebrated the double acquisition of The Famous Grouse and Naked Malt brands from The 1887 Company, part of Glasgow-headquartered Edrington.
The Famous Grouse is a best-seller. (Image: Colin Mearns) The buyer said: 'This historic moment for WG&S demonstrates the company's commitment to the global Scotch whisky category and confidence in the future of the wider spirits industry.'
The Famous Grouse and Naked Malt join WG&S' portfolio alongside Glenfiddich, The Balvenie, Hendrick's Gin and Monkey Shoulder.
The firm added: 'The Famous Grouse is Scotland's best-selling whisky and one of the top-selling Scotch whisky brands worldwide, renowned for its quality and heritage, while Naked Malt has garnered a loyal following among whisky enthusiasts and has significant growth potential within the blended malt segment.'
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Scottish family business brings in majority shareholder
Hamish Marshall and Svenja MacMillan, who has joined the long-established business as a director. (Image: James A Marshall/Nevis Capital) A historic Glasgow family business is targeting growth in the UK and elsewhere in Europe on the back of a Scottish investor taking a majority stake.
