Cockburn's administrator finds a buyer

04 February, 2010

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

The deal also includes Cockburnís customer listings, book debts and certain stock.

Cockburnís 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: ďWe received a significant amount of interest in Cockburnís and are pleased to have concluded a successful sale in a short timescale. To have safeguarded the historic name of Scotlandís oldest wine wholesaler is a great result.Ē




Bookmark this


Site Search

COMMENT

Looking back to look forward

Wine is a liquid time capsule. Drinking older vintages not only recalls the weather conditions and winemaking styles of the past, it encourages us to reflect upon our own histories. Such reminiscence often inclines towards romanticised nostalgia. Especially after the second bottle. But looking back is a great way of learning about the future.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter