Cockburn's administrator finds a buyer

04 February, 2010

The brand name of prestigious Scottish wine merchant Cockburn’s of Leith has been bought by drinks wholesaler Edinburgh Wine Importers.

The deal also includes Cockburn’s customer listings, book debts and certain stock.

Cockburn’s was placed into administration with Ernst & Young at the end of last week, having been impacted by the economic downturn and suffering from a declining order book.

The company was founded in 1796 and has supplied retail, trade and corporate customers from across the UK.

Former clients include Sir Walter Scott, King George IV and Charles Dickens.

Joint administrator Colin Dempster said: “We received a significant amount of interest in Cockburn’s and are pleased to have concluded a successful sale in a short timescale. To have safeguarded the historic name of Scotland’s oldest wine wholesaler is a great result.”




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