April 29, 2017 3:10 PM ET


Company Overview of Sazerac Company, Inc.

Company Overview

Sazerac Company, Inc., doing business as John Handy Company, operates as a distilling company in the United States. The company produces bourbons, shooters, cordials, liqueurs and specialties, blended and rye whiskeys, wine, vodka, gin, tequilas, rums, brandies and cognacs, scotches, and cocktails. Sazerac Company, Inc. was founded in 1869 and is based in Metairie, Louisiana.

3850 North Causeway Boulevard

Suite 1695

Metairie, LA 70002

United States

Founded in 1869





Key Executives for Sazerac Company, Inc.

Chief Executive Officer and President
Vice President of Human Resources
Marketing Services Director
Compensation as of Fiscal Year 2016.

Sazerac Company, Inc. Key Developments

Castle Said To Weigh Sale Amid Takeover Interest

Castle Brands Inc. (AMEX:ROX) reportedly working with Perella Weinberg Partners LP on potential sale. Castle Brands is exploring a sale and may draw interest from potential buyers including Constellation Brands, Inc. (NYSE:STZ) and Sazerac Company, Inc., according to people familiar with the matter. Castle Brands is working with advisers at Perella Weinberg Partners LP on a potential sale, the people said, asking not to be identified as the information is private. Castle Brands may also attract bigger rivals, such as Diageo plc (LSE:DGE), and Pernod Ricard SA (ENXTPA:RI), the people said. Heaven Hill Distilleries Inc. may also consider a bid, the people said. No final agreements have been reached and the sale process may not result in a deal, the people said. Representatives for Perella Weinberg, Constellation, Sazerac, Diageo, Pernod Ricard and Heaven Hill declined to comment. Castle Brands didn’t immediately respond to requests.

Sazerac Company Inc. and Charton Hobbs Inc. Announce Long Term National Distribution Agreement for Canada

The Sazerac Company and Charton Hobbs Inc. announced that effective June 1, 2016 the two companies have entered into a new long term national distribution agreement for the entire Sazerac brand portfolio in Canada. Previously, Charton Hobbs Inc. represented the Sazerac portfolio in western Canada and part of their portfolio brands in eastern Canada. The growing Sazerac portfolio offers a full palate of well-known spirits which include Fireball, Buffalo Trace Bourbon, Blanton's Single Barrel Bourbon, Southern Comfort, Dr. McGillicuddy's, DeKuyper, Red Tassel Vodka and Silk Tassel Canadian Whisky, to name just a few.

Irish Distillers In Exclusive Negotiations To Sell Paddy whiskey To Sazerac

Irish Distillers Group Limited has said it is in talks to sell Paddy whiskey in a move that would see it still being produced at the Midleton Distillery. The group said it had entered into exclusive negotiations with Sazerac Company, Inc. over the sale of Paddy whiskey. Irish Distillers’s owner Pernod said it was not in a position to disclose the deal value. “Pernod Ricard is currently undertaking negotiations with Sazerac. At this point, the focus is on ironing out operational aspects of the deal and preparing for a smooth transition,” a spokesman for Irish Distillers said. Irish Distillers said if the transaction is completed there would be no impact on employers at Irish Distillers with staff continuing to remain on their current terms and conditions. Subject to pending negotiations, Irish Distillers and Sazerac expect to sign and complete the transaction in the coming weeks. If this deal goes through, we are confident that we will be able to take Paddy to the next level, building on its strong history and roots,” said Mark Brown, President and Chief Executive of Sazerac. Nomura acted as financial advisor to Pernod Ricard.

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