Edrington, along with Beam Suntory, has reached an agreement to sell the Maxxium Russia joint venture business to members of the local management team.

After suspending shipments to Russia in early March, we began reviewing approaches to the future of the Russia business.

We determined that the best way to exit the market was through a sale of the Russia joint venture to the local management team, and we wish our respected former colleagues the best with the future direction of the company.

Shipments from Edrington to Russia will remain suspended for the foreseeable future.