Glenmont, Ireland-based Glenlifet announced today that it has raised $50 million from Founders Fund, the company’s private equity partner, and a private equity fund led by private equity giant Cerberus Capital Management.
Glenmont has an estimated valuation of $4 billion and a market capitalization of $9.3 billion.
Glenmorah, the Irish company behind Glenfiddich and Ben and Jerry’s, has more than 15,000 employees worldwide.
Glengorah has an operating profit margin of 10% and a debt-to-capital ratio of 0.65%.
The company reported revenue of $2.3 million in 2016, including $1.4 million in net income and $5.4 billion in net profit.
Glenside Holdings, the privately held company Glenside announced today, also announced a $100 million financing, bringing its total funding to $200 million.
Glenfiddich, which has a global presence in ice cream, is a subsidiary of Nestlé and is based in Ireland.
It is a major food company and maker of some of the world’s most popular frozen desserts.