Loch Lomond Group’s Secondary LBO

Scotto Partners, Allen & Overy and Cleary Gottlieb Steen & Hamilton advised on the deal

Further to the 2014 MBI initiated by CEO Colin Matthews, Loch Lomond Group, one of Scotland’s best-known whisky distillers, has changed hands: Hong Kong-headquartered investment firm Hillhouse Capital has acquired the majority stake in the group from Exponent Private Equity, while the CEO and his senior team are reinvesting in the group.

The business now generates about 70% of its revenue from more than 100 international markets, versus less than 10% at acquisition.

Teaming up with Hillhouse Capital offers a strong partner for the business to further develop its international presence, particularly in Asia where whisky has become increasingly popular in recent years.

The management team was advised during this secondary buy-out by Scotto Partners, with Isabelle Cheradame (Picture), Adrien Badelon, Charlotte Hazan and Maxime Aps on the legal aspects, together with Deloitte on the tax aspects.

Involved fees earner: Maxime Aps – Scotto & Associés; Adrien Badelon – Scotto & Associés; Isabelle Cheradame – Scotto & Associés; Charlotte Hazan – Scotto & Associés;

Law Firms: Scotto & Associés;

Clients: Colin Matthews;