JDPL announced that Sazerac Company buys stake in John Distilleries

Vastavam web: John Distilleries Private Limited (JDPL), a leading liquor maker in India, today 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, a release said.

“Sazerac’s technological expertise coupled with a global portfolio of brands spread across all spirit categories will be an added advantage for JDPL both in domestic and in global markets. We look forward to this partnership with Sazerac and in continuing to make our brands even stronger,” JDPL’s chairman and managing director Paul John said.”We are extraordinarily excited to be able to establish this partnership in India, and look forward to working with Paul John and his team in supporting JDPL’s iconic brands,” said Sazerac Company’s pPresident and chief executive officer Mark Brown.