Whyte and Mackay
Founded | 1844 |
---|---|
Headquarters | Glasgow, Scotland |
Products | Scotch Whiskies , Liqueurs, and Vodkas |
Number of employees | 500 |
Website | www.whyteandmackay.co.uk |
Whyte and Mackay is a Scottish company producing alcoholic beverages. It was founded in 1844 and is based in Glasgow. Since 31 October 2014, Whyte and Mackay has been owned by Philippines-based Emperador Inc. (a subsidiary of the Alliance Global Group holding company), after being sold by the India-based United Spirits Ltd for £430m.[1]
Whyte & Mackay's self-branded whisky holds about 3 per cent of the UK whisky market.[2]
History
Charles Mackay and James Whyte founded a company as whisky merchants and bonded warehousemen in Glasgow in 1882. W&M Special was their first blended whisky and it was successful in the United Kingdom and other English speaking countries. After World War II the company focused on the home market and now sell more than 1 million cases a year.
The brand was purchased by Hugh Fraser's SUITS group in 1971.[3] SUITS was acquired by Lonrho in 1981 and subsequently Whyte & Mackay was sold to Brent Walker in 1988 and then to American Brands in 1990, which was renamed as Fortune Brands in 1997. In 2001 Fortune Brands sold Whyte & Mackay to management for £208 million.[2] United Breweries purchased the brand in May 2007 for £595 million in cash.[2]
In August 2013, key members of United Spirits Limited (USL), the subsidiary of United Breweries that owned Whyte & Mackay, resigned from positions at Whyte and Mackay in the wake of the purchase of a controlling share of USL by Diageo, including USL CEO Vijay Mallya, White & Mackay CEO John Beard, and director Ayani Nedungadi.[4][5][6] Regulators in the UK are investigating whether to force United to divest itself of Whyte & Mackay due to anti-trust concerns over Diageo's dominant position in Scotch whisky production.[5][6] On 16 September 2013, Whyte & Mackay appointed Bryan Donaghey as its new CEO. Donaghey formerly served as managing director of Diageo for Scotland and prior to Diageo held posts within the Scotch Whisky Association.[7]
United States
In October 2011, Whyte & Mackay formed an import company in the U.S.—Whyte & Mackay Americas—to handle its portfolio in the U.S. market with products including the Jura, The Dalmore, Cluny, John Barr, Glen Salen, Whyte & Mackay and Mackinlay’s whisky brands, as well as Glayva Liqueur, Snow Leopard and Pinky vodkas in the U.S. The company appointed former Bacardi executive Jorge Gutierrez as president of Whyte & Mackay Americas.[8][9] In July 2013, Gutierrez left Whyte & Mackay Americas to become CEO of Voli Vodka.[10][11][12] In September 2013, Whyte & Mackay appointed alcoholic beverage specialist Park Street to provide importing, back-office and enterprise resource planning services for its Whyte & Mackay Americas unit.[13][14][15]
Products
The company sells Single Malt and Blended Scotch whiskies, Liqueurs, and Vodkas. Their brands include the W&M blends;[16] Dalmore, Jura, and Fettercairn single malts; Glayva liqueur; and Vladivar Vodka.
In August 2010, it was reported that Whyte and Mackay would replicate a supply of whisky discovered in Antarctica from a 1907 expedition of Antarctic explorer Ernest Shackleton's supplies.[17] The 11 bottles of whisky recovered were of the Mackinlay brand, and Whyte and Mackay now oversee those distilleries.
On 14 October 2010, Whyte and Mackay sold two bottles of their 64-year-old Dalmore Trinitas malt whisky for £100,000 each, or about $160,000.[18] According to the master distiller, only three bottles of this whisky were ever made, and it cannot be made again.
Awards
In 2006, Whyte and Mackay whisky was entered in the 2006 World Quality Awards, organized by Monde Selection, and awarded a Gold Quality Award.[19]
In 2009, 30-year-old Whyte and Mackay whisky was voted the best blended whisky in the world in two competitions.[20]
Former sports sponsorship
Whyte and Mackay were sponsors of the English football team Leeds United from 2003 to 2006, but their backing did little to save the club from a financial crisis which cost them their place in the Premier League. The brand also formerly sponsored Edinburgh club Hibernian in the Scottish Premier League, the Royal Challengers Bangalore in the Indian Premier League, the PDC Premier League Darts and the Force India Formula One racing team.
As treasure
Bottles of Whyte and Mackay were recovered by underwater archaeologist E. Lee Spence from the shipwreck of the SS Regina, which had been sunk in Lake Huron in 1913. A People magazine article that told of the recovery, had a picture of Spence on the bow of the salvage boat hoisting a full bottle of Whyte and Mackay.[21]
References
- ↑ http://www.bbc.co.uk/news/uk-scotland-scotland-business-27340535
- 1 2 3 "UK | Scotland | Whisky giant sold to billionaire". BBC News. 2007-05-16. Retrieved 2013-08-26.
- ↑ "Default". Whyteandmackay.com. Retrieved 2013-08-26.
- ↑ Millar, R., Mallya Quits Whyte & Mackay Board, The Drinks Business, 12 August 2013.
- 1 2 Daily Briefs for 12 August 2013, Shanken News Daily, 12 August 2013.
- 1 2 Vass, S., Surprise as tycoon Mallya quits Whyte & Mackay board, Herald Scotland, 11 August 2013.
- ↑ Hopkins, Amy, Ex-Diageo Boss Appointed Whyte & Mackay CEO, The Spirits Business, 19 September 2013.
- ↑ Whyte & Mackay Creates New Unit To Handle Portfolio In U.S., Shanken News Daily, 3 October 2011.
- ↑ Wehring, Olly, UK/US: Whyte & Mackay calls time on Shaw-Ross International US import tie-up, Just-Drinks, 4 October 2011.
- ↑ Daily Briefs for 24 July 2013, Shanken News Daily, 24 July 2013.
- ↑ Wilmore, James, US: Voli Vodka bags Whyte & Mackay exec as CEO, Just-Drinks, 6 August 2013.
- ↑ Gutierrez and Strader Lead New Voli Strategy, The Beverage Journal, 3 September 2013.
- ↑ Daily Briefs for 10 September 2013, Shanken News Daily, 10 September 2013.
- ↑ Whyte & Mackay, part of Diageo-controlled United Spirits Ltd., making moves in the U.S., Park Street News, 11 September 2013.
- ↑ Whyte & Mackay Selects Park Street, MarketWatch, 10 September 2013.
- ↑ Whyte & Mackay product-range
- ↑ Archived 16 August 2010 at the Wayback Machine.
- ↑ "Breaking News and Opinion on The Huffington Post". Aolnews.com. 2012-10-24. Retrieved 2012-10-28.
- ↑ usl. "Awards". Unitedspirits.in. Retrieved 2013-08-26.
- ↑ "Default". Themasterblender.com. Retrieved 2013-08-26.
- ↑ Briggs-Bunting, Jane, and Ned Geeslin, "Yo-Ho-Ho and a Bottle of Mumm!" People, 16 November 1987, pp. 143-145
External links
- Whyte and Mackay official site
- Article about Whyte and Mackay
- Dr. Whisky on Whyte and Mackay