Sazerac Buys Corby Brands, Facility

UNKNOWN | Other
Published: 10/18/2011

LOUISVILLE, Ky. — Barely a month after acquiring brands from White Rock Distilleries, Sazerac Co. Inc. last month announced the purchase of several brands and a manufacturing facility from Canada’s Corby Distilleries Limited.

The transaction involves the purchase of 17 brands, including DeKuyper Geneva gin, DeKuyper Peachtree schnapps, Red Tassel vodka and Silk Tassel Canadian whisky. The purchase price was $32.9 million, plus the value of inventory on hand at closing. The transaction is expected to close on Oct. 31.