Whisky firm Gordon & MacPhail has reported a substantial increase in profits and turnover, with significant contributions from the successful sale of an 80-year-old single malt and robust growth in Asian markets.
Massimo Panarella, the entrepreneur behind Kirkcaldy-based Don Basilico, has successfully garnered a £25,000 loan to purchase a new food truck, enhancing his authentic Italian pizza offering in Fife.
The Scotch Whisky Association (SWA) has praised the Chancellor’s decision to maintain the current 10.1% alcohol duty rates, providing a much-needed reprieve for the sector, saying that the decision to cancel a further hike provides “much-needed stability” for distillers.
The Artisanal Spirits Company (ASC), ownership of The Scotch Malt Whisky Society (SMWS), has secured a substantial financing deal with Ferovinum, amounting to £15 million.
Paisley-headquartered the Albex Group has expanded its portfolio with the acquisition of Rainbow Dust from Real Good Food PLC in a deal worth £800,000.
Nc’nean Distillery Limited, an independent Scottish whisky producer, has received a significant funding package facilitated by Virgin Money and backed by the UK government’s UK Export Finance (UKEF) to further its expansion into North American markets and bring its vision for sustainable, organic Scottish whisky overseas.
Ardgowan Distillery, Inverclyde’s zero-carbon whisky producer, has commenced construction on its £20 million facility, hailed as the “cathedral of whisky”.
The Glenshire Group, a Scottish family-owned conglomerate known for its Greens Retail chain and Skwishee frozen drinks, has significantly expanded its Pizza Hut Delivery operations by acquiring 16 new franchise sites.
Islay Ales Co Ltd, the sole brewery on the island of Islay, has embarked on a £280,000 expansion with a boost from Highlands and Islands Enterprise (HIE), which has invested £54,000.
Chivas Brothers, the Scotch whisky division of Pernod Ricard, has broadened its visitor experience with the launch of Linn House, its first guest house opening this November.
Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has opened the doors of its Glentauchers distillery to the wider spirits industry to share its successful implementation of heat recovery technology at the company site.
C&A Thomason, a family-operated mussel farm based in North Yell, Shetland, has made significant enhancements to its operations thanks to a funding injection of £70,380 from Highlands and Islands Enterprise (HIE).