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Whyte & Mackay Ltd. Has Not Been Sold to India's UB Group.


GLASGOW, Scotland -- "Despite recent press speculation, I would like to confirm that Whyte & Mackay has not been sold," said Vivian Imerman, Chairman and Chief Executive of Whyte & Mackay. "We have received offers for part of the business and are continuing to evaluate all of our strategic options.

"We are in the middle of a [pounds sterling]100m investment programme and have great confidence in the business to perform well over the next five years.

"The management and I are committed to continuing the momentum that has thus far yielded strong results for our Company and our brands; we are also dedicated in our vision to become an agile international spirits business with our core brands Whyte & Mackay, Vladivar, Jura, The Dalmore and Glayva.

"Whyte & Mackay has taken many strong initiatives in restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  its business. The Company has consolidated its facilities, merging Scottish plants to increase operating efficiencies with the new state-of-the-art bottling facility now open in Grangemouth. Whyte & Mackay has also repacked and re-launched its flagship Whyte & Mackay brand along with Vladivar and Jura in the UK to critical acclaim by both consumers and trade customers alike. The Company is looking forward to continued strong results as we move forward."

About Whyte & Mackay Ltd.

Whyte & Mackay Ltd. is a producer of premium quality spirits, including Whyte & Mackay Blended Scotch scotch 1  
tr.v. scotched, scotch·ing, scotch·es
1. To put an abrupt end to: The prime minister scotched the rumors of her illness with a public appearance.

2.
, Jura Single Malt whisky Single malt whisky is a whisky which is distilled at a single distillery, and which is made completely from a single type of malted grain, traditionally barley, (although there are also single malt rye whiskies). Most single malt whiskies are distilled using a pot still. , The Dalmore Highland whisky, Glayva whisky liqueur liqueur (lĭkûr`), strong alcoholic beverage made of almost neutral spirits, flavored with herb mixtures, fruits, or other materials, and usually sweetened. The name derives from the Latin word to melt.  and Vladivar Vodka Vladivar Vodka is a brand of vodka distilled in the UK. Originally made in Warrington by the Greenall Whitley distillery, the brand was sold in 1990 to Whyte and Mackay and is today made in Scotland. . Headquartered in Glasgow, Scotland, the Company employs over 600 staff on sites around Scotland and the UK. In the near future, the company will be adding its new all-purpose state-of-the-art production facility in Grangemouth, Scotland to its other Scottish distilleries, which include the Isle of Isle of  

For names of actual isles, see the specific element of the name; for example, Wight, Isle of.
 Jura (situated off the west coast of Scotland) and The Dalmore (based in Ross-shire).
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Oct 6, 2006
Words:292
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