Jardine Pacific and Bacardi-Martini said yesterday they have acquired wine and spirit distributor Caldbeck Macgregor in Malaysia and Singapore from Inchcape Pacific for an undisclosed amount.
The two companies said they had also acquired Inchcape's and United Distiller's interest in Caldbeck Macgregor in Thailand.
According to a statement from Jardine Pacific, Moet-Hennessy will continue to maintain its shareholding in the Thai operation.
The moves followed the earlier acquisition by Jardine Pacific and Bacardi-Martini of Inchcape's shareholding in Caldbeck's in China, Hong Kong, and Taiwan in March this year.
Jardine Pacific is the wholly owned trading and services arm of the Jardine Matheson Group.
Bacardi-Martini is well recognised as it produces a wide range of internationally known spirits, beer, and wines.
