UK: Rumoured buyer silent over Loch Lomond Distillery deal

By | 2 April 2013

Private equity group Exponent has declined to comment on reports that it is in talks to take control of Loch Lomond Distillery Company. 

Exponent, which has meat-free food range Quorn among its assets, is holding discussions with the Scottish firm and is the “front runner” to acquire the distillery, according to a report on Sky News today (2 April). Speculation that Loch Lomond is poised to be taken over first emerged in February.

When contacted by just-drinks today, a spokesperson for Exponent said it would not be commenting on the report. 

Loch Lomond Distillers also declined to comment to just-drinks. A spokesperson said: “Nobody is taking press enquiries.” 

Loch Lomond, which owns brands including Loch Lomond and Glen Scotia, claims to be one of Scotland's oldest distilleries and the second-largest family-owned Scotch maker, after William Grant & Sons. It is the only distillery in Scotland that produces grain and malt whisky on the same site, it says, with a combined output of 43m bottles a year. 

Last year, it was reported that the company allegedly "ripped up the contracts of about half its staff" and transferred 16 posts to a job agency to cut costs

Sectors: Mergers & acquisitions, Spirits

Companies: William Grant

There are currently no comments on this article

Be the first to comment on this article

Related research

The world’s top-performing spirits brands

This is the second edition of our popular ranking of the world's leading spirits brands....

Spirits in Colombia

Colombia has shown an interesting development in the luxury industry, and the alcoholic drinks category has not been indifferent to the trend. Some examples of new premium lines that appeared in 2012 were Absolut Unique, Absolut 100 and Absolut ELYX ...

Global market review of the travel retail drinks sector

Changing demographics, growing economies, increased disposable income and the rise in international and business travel have all contributed to the burgeoning travel retail sector....

Related articles

just the Round-Up - The week in drinks

The top ten stories published on just-drinks this week:

IRELAND: Tullamore D.E.W. distillery gets Government nod

Construction of the Tullamore D.E.W. distillery in its namesake town in Ireland continues apace, with the William Grant & Sons-owned brand getting official recognition for the building work this week.

The just-drinks Interview - Anna Malmhake, Irish Distillers' CEO - Part II

Last week, just-drinks caught up with Irish Distillers' CEO Anna Malmhake. Part one of the interview ran on Tuesday. Here, in the second and concluding part of the interview, Malmhake discusses Irish whiskey's image, Pernod's competitors in the category and the threat of alcohol legislation in Ireland.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page