December 16, 2016 / 9:54 AM / a year ago

Beam Suntory strikes deal with craft gin distiller Sipsmith

LONDON, Dec 16 (Reuters) - London-based craft gin distiller Sipsmith will gain global distribution through a deal with Japan’s Beam Suntory, the companies said on Friday.

Under the terms of the deal, which were not disclosed, Beam will take a controlling stake in Sipsmith, though Sipsmith will continue to be run by its founders.

Sipsmith was advised by Rothschild. (Reporting by Martinne Geller; editing by Jason Neely)

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