Bladnoch distillery is no longer in the hands of the Armstrong brothers. A liquidator has been called in to take control of the company. It’s important to note that the company was not bankrupt, there are no financial difficulties. The four directors/shareholders simply could not agree on a way forward, two wanted to sell, two did not. Unfortunately there were no buyers wishing to acquire a 50% shareholding and as the value of the distillery as a whole has increased considerably it was not possible to reach an amicable agreement.
Sad news from a great independent distillery.
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