Hillhouse Is Said to Weigh Loch Lomond Stake Sale Amid Interest

Hillhouse Capital is considering a sale of its stake in Scotch whisky maker Loch Lomond Group amid interest from potential buyers, according to people familiar with the matter.

The investment firm has been approached about a potential deal by private equity firms and companies in the sector, the people said, asking not to be identified discussing a private matter. A transaction could value Loch Lomond at about $800 million, the people said.

Hillhouse acquired Loch Lomond in 2019. The firm and Chongqing Jiangxiaobai Liquor Co., a Chinese distiller that Hillhouse also backs, jointly control the Scotch whisky maker, the ...