The acquisition includes all of High West's operations and its entire whisky portfolio, which includes their American Prairie Bourbon, Double Rye, Rendezvous Rye and Campfire expressions.
|High West Distillery acquired by Constellation Brands for an estimated $160m|
High West, which was founded in 2004, and was Utah's first legal distillery since 1870, has experienced double-digit volume growth year over year for the past three years, and currently sells over 70,000 cases of whisky annually.
Constellation Brands, is a leading international producer and marketer of beer, wine and spirits, with operations in the U.S., Canada, Mexico, New Zealand and Italy.
Commenting on the news, Bill Newlands, President, Wine and Spirits Division at Constellation Brands, said: "High West's whiskeys are high-end, distinctive and delicious - perfect for today's knowledgeable consumer who enjoys artfully crafted whiskeys. With the addition of High West, Constellation Brands bolsters its position in the dynamic and growing craft spirits category. We look forward to welcoming this creative and talented team to Constellation Brands as we work together to drive growth for High West and build our premium spirits portfolio with brands that consumers love."
Constellation Brands, has also announced that High West's existing team of employee’s will remain in their roles, to ensure continuity in the distinctive styles of their whiskeys.
Posted by Steve Rush