Moët Hennessy has announced that it acquired Woodinville Whiskey Company, a craft whiskey business based in Washington state in the US.
Woodinville was founded in 2010 by Orlin Sorensen and Brett Carlile, who will continue to oversee the company's operations under Moët Hennessy.
"Orlin and Brett have done a great job to establish Woodinville Whiskey as an iconic brand in Washington state with significant potential for expanded distribution through our US and international networks," said Christophe Navarre, president and CEO of Moët Hennessy.
"While we are no strangers to whiskey, with our Glenmorangie and Ardbeg single malts, we have much to learn from Orlin and Brett about American distilling and look forward to this important new partnership.”
Strategic Opportunity
Woodinville's Rye and Bourbon Whiskeys are matured for at least five years, and have received multiple awards from the American Distilling Institute. The company has a state of the art distillery and tasting room in the town of Woodinville, and its barrel warehouses are based in Quincy, Washington.
“We are very proud about what we have accomplished since founding Woodinville Whiskey Company just a few years ago," said co-founder Orlin Sorensen.
"As we considered the many strategic opportunities before us, it was clear that being part of the Moët Hennessy portfolio and distribution network will allow us to reach our goals much more quickly."
The financial terms of this transaction were not disclosed.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.