Old Pulteney Lifts Spirits at Inver Success with Single Malt Brands Makes Up for Tough Time for Blends
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Summary
INVER House Distillers has blamed a dip in profit margins on fierce competition in the market for cheaper blended whiskies. However, the Airdriebased company is pleased with the development of its single malt brands, pointing to 40per cent volume growth in global sales of Old Pulteney.
Formerly independent, Inver House has been owned since 2001 by Pacific Spirits (UK), part of the British Virgin Islands-based Great Oriole Group. Great Oriole is controlled by Thai entrepreneur Charoen Sirivadhanabhakdi, who has significant interests in the production of Chang beer and rum in his home country.See the full content of this document
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Old Pulteney Lifts Spirits at Inver Success with Single Malt Brands Makes Up for Tough Time for Blends
Sirivadhanabhakdi bought out four directors who had led an GBP8.2m management buy-out from Publicker Ind...
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