Arran in Trouble . . .

May 12, 2008 0 Replies

Sad news about Scottish brewery, Arran - from

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Arran Brewery Company goes into administration



9 May, 2008 By Daniel Pearce Award-winning Scots brewer runs into trouble

Scots brewer Arran Brewing Company has called in the administrators after running into cashflow problems.



Graham Martin and Laurie Manson of PricewaterhouseCoopers were appointed as joint administrators to the company yesterday.



The brewer, which has been trading since 2000, produces dark, blonde and other beer from its custom-built microbrewery in Cladoch, near Brodick, on the Isle of Arran. The company employs 11 people and has an annual turnover of around £1m.



The administrators said the company's cashflow problems had been caused by "operational difficulties in getting the product to market in sufficient volumes".



Martin said: “The beer produced by the Arran Brewery Company has been very well received in its markets and has already won several awards.



"We expect interest from parties who will have the ability to take the business to the next stage of its development in continuing to expand its brand presence and its channel to market.



“The business will be of interest to an existing brewer seeking to add brands to its portfolio or an individual seeking to take advantage of the lifestyle afforded by operating such a business on the island.” _______________________________________________________________________________________ more here -
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& here
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sad stuff, cheers, MikeMcG.

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