Edrington and Art & Terroir are pleased to announce that they have signed an agreement on the sale of The Glenturret malt whisky distillery and brand.

Glenturret is Scotland's oldest working distillery, based on the banks of the River Turret in Crieff, Perthshire. The distillery has been crafting single malt Scotch Whisky for more than 240 years and has been one of Scotland's favourite whisky visitor attractions for almost 40 years. Edrington announced in June that it was seeking a new buyer for the distillery as part of its strategy of focusing investment on its core portfolio of premium spirits.

Art & Terroir's business activities focus on the production and distribution of high-end wines and the company is about to enter the Scotch whisky and spirits business through the acquisition of The Glenturret.

Ian Curle, chief executive of Edrington said: "When we announced the sale in June, we were clear that we expected that all jobs would be safeguarded and we are pleased that negotiations have settled on a good result for Edrington and Art & Terroir, and one which will protect all our employees at Glenturret. We are pleased to be placing The Glenturret in the hands of Art & Terroir and we know that the distillery will thrive under their

Silvio Denz, Managing Director of Art & Terroir commented: "We are proud to take ownership of this fine and historic distillery. Glenturret is the perfect choice as we enter the world of Scotch Whisky and we are looking forward to working with the existing team to bring even greater success to this superb single malt and to its beautiful Perthshire surroundings."

The agreement is expected to be completed in spring 2019 and Edrington will provide operational and technical support to Art & Terroir during a transition period.   https://www.meetingsperthshire.co.uk/venue.php/Glenturret-41

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