It gives us great pleasure to annouce that The Last Drop Distillers Limited has been acquired by Sazerac – one of the world’s top selling global spirits brands, and one of New Orleans’ oldest family-owned, privately-held companies.
This is an incredibly exciting and important milestone in The Last Drop Distillers’ story. Over the past 8.5 years we have firmly established The Last Drop in the global market place.
We know Sazerac well, and feel that they are a fantastic fit for The Last Drop Distillers, as a family-owned business that shares our values. The Sazerac company portfolio already includes a range of global spirits brands, and this acquisition will allow the company to extend its portfolio into the super-premium, craft market as well as expand its European footprint.
Mark Brown, president and CEO of The Sazerac Company, said: “We are very excited to be partnering with such industry legends as Tom and James. Equally, we are looking forward to working alongside their daughters Rebecca and Beanie as well as the rest of the team in bringing some of the rarest spirits available to the global consumer market. As a family owned company we fully appreciate the value of a small, engaged and passionate team in a venture such as The Last Drop Distillers and look forward to continuing the excellent progress the business has made since its inception.”
The whole team is committed and eager to move into the next stage of The Last Drop Distillers story that will see us take the brand into the next phase while retaining and building on our core values of exclusivity, craft and excellence. This investment will allow us to grow our international footprint and broaden our search, so that we can continue to bring you the very rarest and greatest spirits in the world.