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Glenfiddich seeks Drambuie in 100 million pounds scotch merger: Sky News
July 21, 2014 / 9:05 PM / 3 years ago

Glenfiddich seeks Drambuie in 100 million pounds scotch merger: Sky News

The word welcome is shown in different languages on the lids of casks at the Glenfiddich whisky distillery in Dufftown, Scotland January 13, 2013.David Moir

(Reuters) - Glenfiddich, the scotch whiskey business owned by William Grant & Sons, is looking to buy Drambuie, the brand owned by the MacKinnon family, in a 100 million pounds ($170.76 million)takeover, Sky News reported late Monday.

William Grant & Sons is among an initial crop of bidders for Drambuie, which is being pursued by other suitors including the French maker of Remy Martin cognac Remy-Cointreau, the news service reported citing insiders whom they did not identify. (bit.ly/1p8mlrp)

Sky News said that a number of other major drinks groups, including Diageo and LVMH, are understood to have opted not to make offers for Drambuie.

William Grant could not be reached for a comment outside of normal business hours.

($1 = 0.5856 British pounds)

Reporting by Aashika Jain in Bangalore

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