Feragaia sells majority stake to Isle of Raasay whisky owner

Feragaia has sold a bulk involvement successful its non-alcoholic spirits concern to Scottish luxury goods radical Chanrossa, the proprietor of Isle of Raasay whisky.

Financial details of the transaction were not disclosed.

As portion of the sale, Feragaia volition articulation R&B Distillers, Chanrossa's spirits and drinks concern which produces Isle of Raasay whisky and gin successful occidental Scotland.

According to a associated connection from some companies, the currency injection volition assistance Feragaia standard accumulation and grow astir the world.

Set up successful 2019 by James Wild and Bill Garnock, Feragaia launched its 0.0% distillery successful Glenrothes, Fife, Scotland 3 years ago. Its main merchandise is its namesake bottled 0.0% spirit.

Both companies said: "The 2 brands align successful offering a progressive drinking acquisition to the modern, discerning consumer".

Commenting connected the news, William Dobbie, managing manager astatine R&B Distillers said: "We are highly excited to adhd Feragaia to our portfolio and proceed towards our extremity of creating Scotland’s starring caller question spirits and drinks business.

"Our brands are each astir creating a much progressive and inclusive drinking acquisition crossed categories, portion delivering ultimate prime connected each occasion. By adding Feragaia, whose values align perfectly with ours, we heighten our portfolio of likeminded brands and accelerate our bold, planetary maturation plans.

“We’re excited to enactment with Jamie and Bill to turn Feragaia’s footprint successful the UK and beyond and fortify Scotland’s estimation for innovation successful spirits – some alcoholic and alcohol-free.“

Following Chanrossa's takeover, Feragaia's co-founders volition proceed to beryllium "fully progressive shareholders" successful the group, the associated connection read.

The 0.0% tone marque volition inactive beryllium distributed by Cask Liquid Marketing successful the UK until the extremity of January.

Chanrossa's spirits and drinks part besides includes whisky bottling and ecommerce concern Caskshare, and distillery absorption strategy MasterDistiller.

The Edinburgh-headquartered radical is besides successful the process of gathering a caller azygous malt Scotch distillery called Machrihanish successful Campbeltown, occidental Scotland.

Aside from spirits, Chanrossa besides has a beingness successful quality and wellness.

"Feragaia sells bulk involvement to Isle of Raasay whisky proprietor " was primitively created and published by Just Drinks, a GlobalData owned brand.

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