Summary
THE future of the Scotch Malt Whisky Society is hanging in the balance this weekend in the wake of last week's decision by the wealthy Macdonald family to sell its controlling stake in Glenmorangie. The Broxburn-based distillers took over as SMWS parent eight months ago.
The Macdonald family's decision to dispose of their Glenmorangie stake came as a complete surprise and has triggered an international auction of Glenmorangie. The front-runners to buy the distillers are Kentucky-based Brown Forman and Bahamas-based Bacardi-Martini.See the full content of this document
Extract
Glenmorangie Sale Puts Whisky Society's Future in Doubt
However it is likely that neither of these possible buyers would share Glenmorangie's interest in developing - or even retaining - the SMWS.
In January Glenmorangie paid ...See the full content of this document
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