THE MACALLAN ACQUIRES COOPERAGE PARTNER VASYMA AND INVESTS IN COOPERS OAK
Deepens investment in Jerez to secure supply of the finest oak casks
The Macallan and Vasyma are pleased to announce that the world’s most valuable single malt Scotch Whisky has completed the acquisition of the Vasyma cooperage business based in Jerez, Spain.
Vasyma has supplied oak casks to The Macallan and Edrington for more than 30 years. These Vasyma crafted casks are seasoned with the finest quality Sherry in Jerez before they are transported to The Macallan Estate in Speyside, Scotland, to be filled with The Macallan spirit and start the long maturation process.
In addition to the acquisition of Vasyma, The Macallan has entered into a joint venture partnership with Ohio-based Coopers Oak LLC, Vasyma’s principal supplier of high quality American oak staves for cask manufacturing, a development which further secures the supply of oak for the brand. Coopers Oak is led by Rick and Eric Farmer.
Igor Boyadjian, Managing Director, The Macallan, described the acquisition as an investment that enriches the strong relationship between The Macallan and Jerez.
Mr Boyadjian said: “Vasyma has been a valued supplier of the highest quality oak casks to The Macallan for more than three decades. We hand select Sherry-seasoned oak casks from Jerez for the richness and complexity they bring to our exceptional Scotch Whisky. Bringing Vasyma into our ownership is a logical step and further demonstration of our pursuit of incomparable craftsmanship and whisky mastery.
“Our investment in Vasyma also builds on our ever-deepening relationship with the Jerez community and with our much-valued suppliers in the Sherry industry, which plays such an important role in the quality of The Macallan.”
Vasyma, led by Managing Director Ventura Nuñez, was founded in 1987, building a reputation as one of the leading cooperages in Jerez specialising in crafting casks for the Scotch Whisky, Sherry, and Brandy sectors.
The expertise and craftsmanship of the Vasyma team will be retained through the ongoing leadership of Snr Nuñez and his existing management team.
Snr Nuñez said he and his partners are delighted to complete the sale of the business to The Macallan. He said: “The Macallan is famous around the world for its quality and Vasyma is looking forward to a bright future as part of a business that has such a deep connection with the people and craftsmen of Jerez.
“We have worked with The Macallan for more than 30 years and are excited to become colleagues and work together to support the continued success of this incredible Scotch Whisky.”
Scott McCroskie, CEO of Edrington, said: “Vasyma’s high quality casks, made from oak expertly sourced by Coopers Oak, have played an important role in the history and success of The Macallan. We look forward to working closer than ever with these fine craftsmen in Jerez and Ohio as we continue to focus on the quality and resilience of The Macallan’s cask supply chain.”