Cincinnati, Ohio 45202-5190 The Glengassaugh Distillery initially produced single malt whisky under its own label. Highland retained a 35 percent stake in Robertson & Baxter. Rogerson, Paul, “Edrington Toasts Continuing Rise in Earnings with a Wee Double,” Herald, July 5, 2006, p. 15. Try D&B Hoovers Free In response, the Edrington Group launched an offer—for some £600 million—to acquire full control of Highland Distilleries in 1999. Edrington Group had its origins in the mid-19th century when William A. Robertson established himself as a whisky broker in Glasgow in 1855. When a new generation of the Gloag family found itself unable to pay the death taxes associated with the transfer of the estate, the Gloag family turned to Highland Distilleries, which agreed to acquire Matthew Gloag & Sons as its subsidiary. The Edrington Group Limited ®, Шотландия / G15 6RW Глазгоу (Glasgow) , 2500 Great Western Road , +44 141 940 4000 , +44 141 940 4040 , www. By then, the company had expanded the Highland Park brand as well, adding an 18-year-old in 1997, a 25-year-old in 1998, a 15-year-old in 2003, and a 16-year-old and 30-year-old in 2005. 16 Oct. 2020 . Established in 1961 by members of the founding Robertson family, the trust functions as a charitable organization, using Edrington’s profits to fund various charities. Web site: http://w…, Interbrew S.A. Public Com…, A brand is a symbol that represents a product or service and that distinguishes the product or service from others in the marketplace. The Edrington Group, the Scottish maker of The Macallan, Famous Grouse, Cutty Sark, and Highland Park whiskies, saw profits rise by 3% and turnover hit £730. Robertson & Baxter began acquiring direct stakes in whisky production toward the end of the 19th century with the creation of the Islay Distillery Co. in 1879. Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. It is a stakeholder in Tequila Partida, a tequila based in the Tequila Valley, Mexico, and in Wyoming Whiskey… The other founding partners of Highland Distilleries died in 1905. The company’s business model has always had social responsibility at its core. That distillery produces more than 60 million liters per year. The remaining partner, Alexander Morrison, sold the business to Robertson & Baxter, which then sold the distillery to Highland Distilleries. The cross-shareholding between the two companies was sufficient to hold off further challenges to Highland’s independence into the 1990s. Seagate Singapore International Headquarters Pte. By then, Highland had acquired another distillery business, James Grant & Co., which operated the Highland Park Distillery in Orkney. Fax: (513…, 12, place des Etats-Unis Grant and the other partners then built a new facility, Glenrothes Distillery, in 1879 and turned to Robertson & Baxter to serve as the new distillery’s wholesale agent. Full production at the new distillery was reached by 1883, and the company initially enjoyed strong sales. All rights reserved. U.S.A. In 1961, therefore, the sisters transferred all of their holdings in the company to a new entity, the Robertson Trust. U.S.A. 1999: Edrington acquires 100 percent control of Highland Distilleries. Among these was the Cutty Sark brand, created by London wine broker Berry Brothers & Rudd (BBR) in 1923. Diageo plc; Fortune Brands, Inc.; Pernod Ricard S.A.; Irish Distillers Group plc; Allied Distillers Ltd.; Remy Cointreau; Davide Campari-Milano S.p.A.; Mercian Corporation; William Grant and Sons Ltd. Bates, Joe, “Polishing a Hidden Gem,” Duty Free News International, September 15, 2005, p. 31. The Perth-based Gloag family had originally been involved in the merchant trade, operating a general merchant shop since the late 1770s. In the context of the Annual Report, the "Company" or "Edrington" refers collectively to The Edrington Group Limited, and its subsidiary and joint venture undertakings. That business became a major bonder, and later bottler, for the trade. Highland Distilleries expanded in 1892, buying the Glengassaugh Distillery, near Aberdeen. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. – Information about key financial and legal advisors for The Edrington Group Limited’s financial deals transactions. The merger between the two distilleries helped both avoid collapse, and, under the name of Highland Distilleries, they emerged as one of the Scotch whisky industries driving forces. Highland remained restricted on the supply side of the industry, and focused on building up its distilling operations through World War II. It produces single malts The Macallan, Highland Park and The Glenrothes, and The Famous Grouse blended Scotch whisky. Edrington Singapore Pte. Telephone: (269) 673-8451 The Edrington Group Limited has been running for 59 years. A fire at the Glenrothes-Glenlivet Distillery in 1897 stimulated Highland Distilleries next expansion. “Single Malts Boost Edrington,” just-drinks.com, July 4, 2006. “Edrington Group Would Like to Pour China a Drink,” China Business News, July 23, 2003. Maxxium operates in more than 60 countries worldwide. The company offers scotch whiskeys in various kinds of categories including single malt, blended malt, double malt to its customers. Before long, the brand had earned a strong reputation, and soon … International Directory of Company Histories. Our vision is to give more by building the world's leading portfolio of exceptional super premium spirits. From the start, Highland Distilleries had been a primary source for single malts used in the Grouse blend. This body was then given control over a newly established company, Edrington Holdings Ltd., which took over Robertson & Baxter and Clyde Bonding Company. Postal Code: 068898. We aim to be Scotland’s leading international premium spirits company. Production at Tamdhu was launched in 1897, and after only a year had achieved a production of more than 200,000 gallons. Pick a style below, and copy the text for your bibliography. By 2007, Edrington responded to the surge in demand for its labels by announcing plans to expand its warehousing capacity. “Edrington Revamps Highland Park,” Duty Free News International, October 15, 2006, p. 41. Producer of premium spirits based in Glasgow, Scotland. Coming full circle, of sorts, the company also acquired the Macallan brand, positioning it at the high end of the whisky sector. Edrington directly owns and/or operates the Macallan, Highland Park, Tamdhu, Glenturret, and Glenrothes distilleries, for a total production of more than 17 million liters per year. Encyclopedia.com. Encyclopedia.com. Headquarters While Famous Grouse remained a relatively minor brand at the time, selling just 40,000 cases per year, it became the centerpiece of a strategy developed between Highland and Robertson & Baxter to develop an internationally competitive branded Scotch portfolio. Based in the Netherlands, Maxxium’s other founding shareholders were the United States’ Jim Beam Brands and France’s Remy Cointreau. Before long, the brand had earned a strong reputation, and soon became known as the Famous Grouse. Edrington Hong Kong Limited (Hong Kong SAR, China). In order to gain marketing support, Edrington became one of the founding partners of the Maxxium distribution group. Differentiation is made between Company and consolidated group results in the financial statements and … Vaartstraat 94 In 1979, it launched the Highland Park label for the first time, debuting a 12-year-old Scotch that met with instant international acclaim. Take a look at how our business has been growing in the past year. “The Famous Cruise in Maiden Voyage,” Duty Free News International, March 15, 2007, p. 13. Purchase the Edrington Singapore Pte. The company offers scotch whiskeys in various kinds of categories including single malt, blended malt, double malt to its customers. In the meantime, Robertson had imposed himself as a true whisky tycoon, joined by son James, who was later credited with becoming the chief architect of the group’s growth into the second half of the 20th century. The history of the company dates back to 1855. For this, Grant had joined James Stuart & Co., a partnership operating the Macallan distillery in Rothes, in Moray, Scotland, in 1975. Toward the end of that decade, a drop in Highland’s share price, coupled with the rapid consolidation of the global drinks industry, once again threatened Highland’s future as an independent, Scottish company. By 1860, Robertson had established the Robertson & Baxter partnership; that business quickly established itself as a major hub for much of the Scotch whisky trade, serving as a middleman among the region’s many distilleries and its whisky blenders. Ltd. report is purchased. Retrieved October 16, 2020 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/edrington-group-ltd. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). Accelerate Highland Park, Head Office:100 Queen StreetGlasgow G1 3DN. Purchase this report to view the information. The Highland Park Distillery’s whisky played a major role in defining the Cutty Sark recipe. Although the company has focused on its branded whisky operations since the late 1990s, Edrington remains one of Scotland’s leading supplier of blended whisky, through its 50 percent share of The North British Grain Whisky Distillery. The Highland Park distillery gained a reputation for the high quality of its whisky, operating as a supplier for blended brands. Producer of premium spirits based in Glasgow, Scotland. “Edrington’s focus on building premium spirit brands is delivering consistent and excellent results.”, Transform Super Premium &

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