US-based Sazerac Company buys stake in John Distilleries

Date posted: Monday 23 October 2017

John Distilleries Private Limited (JDPL), a leading liquor maker in India, announced that Sazerac Company, a family-owned spirits company in the United States has acquired an equity stake in it. Sazerac, owners of brands including Fireball, Southern Comfort, Buffalo Trace Bourbon, Pappy Van Winkle Bourbon and E H Taylor Bourbon, had acquired an equity stake in JDPL from Gaja Capital, who would continue to remain partially invested in the company. This strategic partnership marks Sazerac’s entry into the Indian market.

(Economic Times)