Blog: Table talk
Chris Brook-Carter | 26 August 2004
I have just returned from two days up in Speyside for a dinner to mark the relaunch of the malt brand The Glenlivet by Chivas Brothers. Naturally the industry talk that took place over the dinner table was dominated by the Glenmorangie story – which you heard about here first of course.
There is genuine surprise, I think, that the MacDonald family has taken this decision, despite all the overwhelming financial evidence that this is the ideal time to sell up.
However, those of us outside the industry, whose contact with Scotch whisky is primarily through marketing men who sit in offices in London, can forget what a small and close-knit community the Scotch industry actually is north of the border.
And, the idea that a family who have been involved in producing one of the world’s leading malts for 111 years would suddenly want to sell-out to a, most likely foreign, corporation, still takes some getting used to – even when it has been happening all around them for a number of years.
Brown-Forman, unsurprisingly, is still the favourite to clinch a deal. However, many still remember the race to buy Dewars, when B-F was out-muscled by Bacardi, and feel the rum producer could easily repeat the exercise here if it wished.
There is great respect in Scotland for Bacardi and what it has achieved with Dewars and I felt many would actually like to see the Bermudan drinks group succeed in claiming Glenmorangie. It certainly would make a good fit alongside Grey Goose, Dewars, Bombay Sapphire and Bacardi – a nice drinks cabinet by any standard to toast an upcoming IPO perhaps?
Oh, and The Glenlivet? Yep, it looks good and has its sights firmly fixed on claiming Glenfiddich’s scalp as the world’s number one malt, which should keep the category interesting for a while longer.
Heavy metal legend Bruce Dickinson - lead singer of the band Iron Maiden, for the unitiated - is clearly a man not afraid to get his hands dirty. ...
The homebrewing revival continues in the UK - and evidence has come that even the supermarket chains are taking it semi-seriously. ...
Does Pernod Ricard have something to hide? In a press conference after the release of full-year results today, only a quarter of the 100 minutes were given over to questions from journalists....
Here's a round-up of the top stories on just-drinks last week, featuring Carlsberg, Heineken, Coca-Cola Amatil, California's winelands and Cognac....
- The End of the Road for International Beer Brands?
- Comment - Another One Bites Bacardi's Dust
- Allegro: The shape of things to come at Pernod?
- Pernod Ricard's FY Performance by Region, Brand
- US craft vodka puts squeeze on Pernod's Absolut
- Mast-Jägermeister targets UK off-trade boost
- Pernod bemoans tough FY as sales, profits drop
- ASA bans Jägermeister TV ad
- Bacardi announces CFO switch
- SABMiller exec to become CFO at Beam Suntory