William Grant & Sons has bought the Drambuie Liqueur Company Limited, owner of the Drambuie whisky liqueur brand.
The independent family-owned distiller, which also owns Hendrick’s Gin, bought Drambuie for an undisclosed figure after months of speculation.
Drambuie has a history dating back to 1745 and rose prominence as the key ingredient of the Rusty Nail cocktail – favoured by the Rat Pack in the 1950s. It is a blend of aged Scotch whisky, spices and heather honey.
This year William Grant & Sons are celebrating a record turnover of £1.12 billion growing by 5.2% and operating profit totalling £138million. This is a 10.6% rise from the year before.
A family spokesperson for William Grant & Sons said: “We have always been secret admirers of Drambuie. We are very grateful to the MacKinnon family for entrusting the future of this iconic brand to our family, and we will do our best to make them proud in the decades ahead.”