Terroir is an important factor in the worlds of wine and whiskey, but that does not stand in the way of our shrinking globe. Scottish spirits giant Edrington just announced their first foray into American whiskey via a partnership with Wyoming Whisky. French wine legend Château Pétrus also announced that a Columbian-American businessman is now a partner.
Edrington is synonymous with Scotch whisky, but now the premium spirits conglomerate is hoping across the pond to add an “e” and venture into the world of American whiskey. Wyoming Whiskey is now part of the Endrington portfolio.
“We are excited that Wyoming Whiskey is joining Edrington Americas’ award-winning portfolio. American Whiskey is one of the fastest growing premium spirit categories in the USA, itself the largest premium spirits market in the world. Wyoming Whiskey holds its own against the nation’s finest,” said Chris Spalding, President & CEO Edrington Americas in a statement.
The deal was announced in a statement from Endrington. Financials were not disclosed.
Founders Brad and Kate Mead, along with their son Sam, will continue to operate the brand out of Kirby, Wyoming. Materials tout the importance of local grains and “water from the mile-deep, limestone aquifer” to maintaining the whiskey’s quality.
Edrington’s portfolio includes The Macallan, Highland Park, The Glenrothes, Brugal, The Famous Grouse, Cutty Sark, Snow Leopard vodka and Tequila Partida.
Iconic French wine Château Pétrus is apparently a little less French. This week, the famed Bordeaux house revealed that U.S.-Colombian billionaire Alejandro Santo Domingo secretly purchased a 20% stake in the estate about a year ago.
“The arrival of this large-scale family investor is essential to support the development of Pétrus in the long term and both families expect to remain associated for a very long time,” primary owner Jean Moueix told Les Echos.
The news was first broken by two French publications, Les Echos and La Revue du Vin de France. The reports noted that details of the deal were not made public, but that 1.5-hectare (28.5-acres) estate in Pomerol is valued at around 1 billion euros ($1.16 billion).
Pétrus is widely regarded as one of the finest wines in the world—and averaging four digits a bottle for recent vintages, it’s priced to match. Notably, the estate is not classified like the First Growth Bordeauxs that it is often grouped with.