Inverarity Morton hits acquisition trail

31st October, 2012 by Gabriel Stone

Scottish merchant Inverarity Morton has embarked on its promised expansion plans with the acquisition of Glasgow-based specialist spirits supplier LA Wholesale.

Stephen Russell and Scott Gemmell

The deal strengthens the Inverarity Morton’s portfolio of boutique spirits agencies with the addition of brands including Tapatio Tequila, Sipsmiths London Dry Gin and Santa Teresa Rum.

The move also bolsters the Scottish merchant’s hospitality training facilities as it incorporates LA Wholesale’s sister company, the Liquid Arts Academy.

Following an acquisition deal with Inverarity Vaults in 2011, this year has seen the newly formed Inverarity Morton embark on a £400,000 investment programme as it eyes growth opportunities both in Scotland and south of the border.

Setting the acquisition against the backdrop of WaverleyTBS’s recent demise, Inverarity Morton managing director Stephen Russell emphasised the strengthened competitive edge this move gives his company.

“We were attracted to LA Wholesale for a number of reasons,” Russell explained. “For a relatively new supplier they have built an incredibly successful business with an enviable portfolio of brands. They have a reputation in the trade that is second-to-none in the premium spirits sector, a reputation we believe we have in wines.”

LA Wholesale was set up in 2009 as a subsidiary of the LA Group, which includes LA Events, LA Media and the Liquid Arts Hospitality Academy, featuring a sensory whisky lounge, tasting zone and beer academy.

Commenting on the deal, Scott Gemmell, managing director of LA Group, said: “With the marketplace now maturing and our wholesale operation being pulled to every corner, we see great sense in working hand in hand with IM.

“Scotland now officially has a wholesaler that can meet the needs of any drinks operation in the country from a community bar to five-star hotel or premium cocktail bar. Exciting times indeed!”

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Job vacancies

Senior National Account Manager

Bibendum PLB
London, UK

ON-TRADE Sales Executive

Roberson Wine
London, UK

OFF-TRADE Sales Executive

Roberson Wine
London, UK

Judging Week Runners

Decanter World Wine Awards
ExCel Centre, London E16, UK

Sales Administrator

Les Caves de Pyrène
Guildford, UK

Retail Commercial Executive

Laithwaite's Wine
Theale, Berkshire

Wine Buyer

Conviviality Plc
Crewe, UK

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Sales Account Manager - On-Trade

Berkmann Wine Cellars
M3/M4 corridor

Media Sales Manager - Hong Kong

The Drinks Business Hong Kong
Hong Kong

Regional Account Manager

New Generation McKinley
London, UK

Experienced Sales Account Manager – On Trade

Cantina Goccia
London and the south, UK

National Sales Manager – Premium Drinks

Core Recruitment
London based with national travel

The Global Merlot Masters 2017

Deadline : 24th February 2017

The Prosecco Masters 2017

Deadline : 10th March 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 3rd March 2017

Click to view more

The Global Sparkling Masters

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

The Global Rosé Masters 2016

the drinks business is proud to announce the launch of the Global Rosé Masters 2016.

The Prosecco Masters 2016

Now in its third year, the competition will reflect the growth in popularity of this fresh and exciting sparkling wine from the picturesque regions of Veneto and Friuli.

The Global Pinot Noir Masters 2016

After the success of last year’s competition that judged over 250 wines from no less than 16 countries, the drinks business is proud to announce the third year of the Global Pinot Noir Masters

Click to view more