South East: Pitmans advises on Sipsmith and Beam Suntory partnership
Law firm Pitmans has announced that its long-standing client Sipsmith has joined forces with Beam Suntory to deliver global growth in the premium gin market.
Pitmans has been the legal adviser of the well-known distillery since it was established in 2009 and has worked with the business throughout its expansion providing corporate, financial and property advice.
The distiller, infamous for its flagship London Dry Gin, as well as innovations such as V.J.O.P. (Very Junipery Over-Proof Gin) and Sloe Gin was recently commissioned by the House of Commons to create its own bespoke gin. Sipsmith is also responsible for setting up London’s first copper pot gin distillery for 200 years and has pioneered the re-emergence of gin as a popular tipple.
“This is a momentous occasion for Sipsmith,” said Sam Galsworthy, Sipsmith co-founder. “We have worked tirelessly to share our gin of the highest quality with discerning sippers. Since inception we have been supported by Oliver Pilkington and have been consistently impressed by Pitmans professionalism and responsiveness. They are great people to work with and have helped us achieve a deal which looks after our team and will deliver global success.”
Pilkington, lead Pitmans corporate partner, said: “It has been a privilege to work with Sam and the Sipsmith team advising them from conception and initial fundraising through a truly impressive growth cycle to achieve this partnership that cultivates the brand, the product and the team.”
Beam Suntory, the third-largest spirits company in the world, is a Japanese spirits manufacturer of whiskey, tequila, vodka, cognac, rum and cordials, producing brands including Jim Beam, Courvoisier and Laphroaig. Its whiskey portfolio in particular spans across America, Japan, Canada, Scotland and Ireland.
