Bacardi has bought a minority stake in Scotch whisky bottler, producer and marketer Compass Box.
With the investment, Bacardi has become a 'long-term' supplier through its John Dewar & Sons business to Compass Box, reported The Spirit Business.
Established in 2000 by John Glaser, the UK-based Compass Box is the maker of several small batch Scotch whiskies that includes Peat Monster, Hedonism, Great King Street, The Spice Tree, Oak Cross and Asyla.
To mark its 15th foundation day, Compass Box recently announced the launch of Hedonism Quindecimus.
Bacardi, which recently acquired Angel's Envy Bourbon, has confirmed that Compass Box would function independently.
A Bacardi's spokesperson was quoted by The Spirit Business as saying, "Bacardi has held a long-term belief in supporting innovative founders in emerging and growing businesses.
"Bacardi also has a well-known track record of maintaining the unique heritage of a brands origin. John continues to lead and run the business and it operates as a standalone company. In essence, it's business as usual at Compass Box Whisky Co."
