Suntory denies Whyte & Mackay takeover

Suntory has confirmed it has “no plans to acquire Whyte & Mackay” following rumours circulated by an Indian news channel.

SuntoryUnconfirmed reports began circulating that the Japanese drinks giant was poised to make a bid for the Glaswegian whisky firm on Sunday after the Indian financial news channel CNBC TV18 claimed it had offered to buy the Scotch producer, according to Bloomberg.

The Japanese company recently became the world’s third largest spirits company following a US$16 billion buy out of Beam Inc last week.

However Suntory has since denied the rumours telling The Spirits Business it has no intention to buy the group.

Speaking to the Spirits Business Hasumi Ozawa, of Suntory’s PR department, said: “We have never negotiated on the acquisition of Whyte and Mackay.”

Diageo, which bought Whyte & Mackay during its acquisition of United Spirits last year, has offered to sell the business to appease competition concerns from the British Office of Fair Trading (OFT).

Whyte & Mackay remains on the market.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Administrator

Ellis Wines
Hanworth, Middx, IU

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more