William Grant Buys Tullamore Dew and Others for $400m

Dear Client: William Grant & Sons was the lucky winner of C&C Group's Spirits & Liqueurs division for almost $400 million (300 million euros). We've heard rumors since March that William Grant was preparing to make a big acquisition, so this deal has likely been in the works for awhile.C&C's most popular brands include Tullamore Dew, Carolans, Frangelico and Irish Mist. Chairman Tony O'Brien said the decision to sell to William Grant "was not an easy one" but "in the