OTS p10-11 News Nov08.qxp 05/11/2008 15:16 Page 10
news
Drinks business moves to Scotland
The parent company of Inver president Barrie Jackson
Inver House’s Malcolm Leask and his team
House Distillers has chosen
march towards further success.
commented: “This is a great
Scotland as the location for its boost for our Scottish team,
new global marketing HQ. bringing the opportunity for them
International Beverage Holdings is to diversify and build their skills in
set to invest £15m to centralise international markets. It is
its global marketing operations in extremely important to the
Scotland, and the newly enlarged business that we invest in the
International Beverage highly skilled team that we have
commercial team will take in Scotland, and based upon the
responsibility for the tremendous job they have done
development of the group’s for our whisky brands, we now
portfolio of brands from single want to bring that skill base to
malt whiskies including Old the international business.
Pulteney and Balblair through to “With their support we look
Chang Beer and Mekhong. forward to delivering the
The three year investment ambitious goals we have set for
takes immediate effect, with the the results they have generated drinks categories, spanning the business and its brands in
Scottish-based team being internationally to build award- whisky, beer and other spirits. 2009 and beyond”.
developed to become the hub of winning, high-growth whisky As part of the development, International Beverage has also
an integrated, world-wide division brands such as Old Pulteney, the International Beverage brand taken the opportunity to
driving marketing excellence for AnCnoc Balblair and Hankey name will be operational across headquarter its sales and
the company’s offices in North Bannister. It is expected that 20 sales, marketing and customer customer services functions for
America, Europe, South-East Asia new jobs will now be created to services, with the Inver House the EU, Eastern Europe, South
and North Asia. augment the Airdrie-based team Distillers name covering America, India and the Middle
The announcement is a major as they take their brand building production, distillation and East as well as new venture
accolade for the company’s 150- expertise into a number of maturation of Scotch whisky. markets and global travel retail, at
strong Scottish team, recognising different global markets and International Beverage the Airdrie base.
Coors profits
Drinks companies merge
Burn Stewart doubles
profits
down 78%
In another round of results
to widen distribution
demonstrating the success of
the Scotch whisky market,
Coors, the UK’s second largest
East-Kilbride-based Burn
brewer, has announced a 78.3% It has been announced that have long admired his company’s
Stewart has announced
reduction in profits. In 2007 the Malcolm Cowen and Eaux de ethos and breadth of portfolio
profits of £400,000 for 2007 –
company responsible for Carling Vie will join forces on 1 and believe that his innovative
double the previous year,
and Grolsch turned in a £14.75m January 2009. The merger will and premium brands will fully
which itself followed nine
profit, down from £68.01m in create a new company complement those at Malcolm
years of losses.
2006. covering all on and off-trade Cowen.”
The turnaround in the
The company’s overall sectors, giving brand owners Malcolm Cowen currently
company’s fortunes has been
turnover fell by 3% to £1.32bn the widest possible distributes leading brands,
put down to refocusing its
after a volume decline of 6.8%, distribution opportunities for including Bruichladdich, Isle of
core products and moving
which was offset by an increase their products Arran Distillers, Tullibardine,
away from own-label
in turnover per barrel. Rupert Wilkins, currently Evan Williams and Mozart
products.
Highlighting the difficulties chairman of Malcolm liqueur. Eaux de Vie,
The company behind
currently facing brewing Cowen, will become the which specialises in
Scottish Leader, Deanston,
companies, Coors’ beer volume new company’s Brandies, Imported
Black Bottle and
in its on-trade premise business chairman and Neil Whiskies and Rums, is
Bunnahabhain saw its
declined by about 9% compared Mathieson, owner of also agent for Kauffman
turnover drop by 16% to
to 2006. This is compared to an Eaux de Vie, will Vodka, premium French
£45.5m, but the results were
overall decline of 6.5%. The become managing gin G-Vine and Sánchez
ahead of management
company added that it had director. Romate Sherry. Between
expectations.
managed to cut marketing, sales Rupert Wilkins now and 1 January,
The company has also
and administration expenses by commented: “We are Malcolm Cowen will
boosted staff numbers with
13% in 2007. Production cost delighted to be joining handle distribution for
252 employees, up from 239
savings had also been offset by forces with Neil and his selected Eaux de Vie
last year.
input costs inflation. team at Eaux de Vie. We products and vice versa.
· 10 · ots · november 2008 · www.55north.com/ots_home.asp
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