Scotch attracts private equity interest

The booming Scotch whisky market has seen a private equity firm snap up The Loch Lomond Distillery Company for an undisclosed sum.

range_sThe deal sees Exponent Private Equity take control of assets including the Loch Lomond distillery in West Dumbartonshire, the Glen Catrine packaging plant in Ayrshire and the Glen Scotia malt distillery in Campbeltown. Alongside these, Exponent has also taken ownership of the Loch Lomond and Glen Scotia single malt brands, the High Commissioner blended Scotch whisky and Glen’s Vodka.

The terms of the acquisition have seen The Loch Lomond Distillery Company’s assets acquired by the newly formed Loch Lomond Group, in which Exponent owns a majority stake with additional investment from the management team.

Loch Lomond Group will be headed up by CEO Colin Matthews, who was previously in charge of Imperial Tobacco’s business across Africa, the Middle East, Asia and India. Former Diageo CFO Nick Rose will step into the role of chairman.

Specialising in identifying UK businesses with strong growth potential, Exponent’s portfolio ranges across sectors including retail, media and financial services.

Explaining how this latest acquisition fits the mould, Matthews explained: “Loch Lomond, Glen Catrine and Glen Scotia have built a sound business platform with brands that perform well in the UK and in a number of international markets.”

He highlighted recent growth in the Scotch whisky market as offering “a great opportunity to develop further the Loch Lomond business, to refresh and expand the product portfolio, and to move into a number of new international markets building on the excellent progress the company has already made.”

 

 

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Your email address will not be published.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

Graphic Designer (NPD)

ATOM Supplies
Tunbridge Wells, UK

Press Officer

Speciality Drinks
London, UK

UK Private Clients Manager

Ditton Wine Traders
London, UK

London Business Development Manager

Maisons Marques et Domaines UK Ltd

Head of Buying - Spirits

Enotria&Coe
West London, UK

Liquid Production Supervisor

ATOM Supplies
Tonbridge, Kent, UK

Sales Account Manager – Cotswolds

Haynes Hanson & Clark
Gloucestershire, UK

Communications & PR Manager

Bruichladdich
Islay, UK

Senior London Account Manager

The Drinks Club
London, UK

On-Trade London Sales Executive

Domaine Direct
London, UK

Vinisud

Montpellier,France
18th Feb 2018

International Bulk Wine and Spirits Show

London,United Kingdom
26th Feb 2018

Spirited London

London,United Kingdom
15th Mar 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more