Business Digest August 2011 Carol Taylor Arts Services Manager Arts & Business Scotland 11 Abercromby Place Edinburgh EH3 6LB T 0131 556 3353 E
[email protected] W www.artsandbusiness.org.uk/scotland Contents Business news 3 - 9 Philanthropy 9 Arts & sponsorship news 10 - 12 Arts & Business update 13 - 14 List of sponsored arts projects / events 15 - 19 2 BUSINESS NEWS Brewers, Distillers & Food/Drink Manufacturers The drinks firm behind Old Pulteney and Balblair single malts has reported a double-digit rise in full- year sales but said a bigger marketing spend capped its profits. Airdrie-based Inver House Distillers, which owns five distilleries and is a subsidiary of ThaiBev‟s International Beverage Holdings, yesterday said turnover in 2010 had risen by 19% to £62.9m, helped by Old Pulteney‟s biggest ever sponsorship campaign. The brand has made “significant increases” in target markets including Russia and the US. The Old Pulteney “Row to the Pole” campaign is backing explorer Jack Wishart‟s attempt to row to the North Pole. (The Scotsman, 25/8/11) Caorunn Scottish Gin, produced at the Balmenach Distillery in Speyside, has struck a major distribution deal for the Australian market with Japanese global drinks giant Suntory. The deal comes just ahead of the brand‟s two year anniversary. Earlier this year, Caorunn Scottish Gin, which has already become the third bet selling super premium gin in the UK, launched in the US and Spain. (The Herald, 18/8/11) A share issue by Fraserburgh-based craft beer company BrewDog has raised more than £1m in less than a month, paving the way for the firm to open a new brewery on the outskirts of Aberdeen.