By Scott Wright THE owner of The Scotch Malt Whisky Society has revealed plans to ramp up investment in new stock after raising nearly £20 million of finance. The Artisanal Spirits Company has vowed to provide the Leith-based society’s thousands of members around the world with access to a wider range of spirits on the back of the funding boost. Artisanal, which acquired the society from the owner of The Glenmorganie Company, luxury goods business LVMH, in 2015, said it also plans to invest in new cask wood. The investment plans come shortly after Artisanal revealed in April that it was exploring a stock market flotation on the junior AIM listing. It said a float could raise its public profile and give it access to a wider pool of capital.
SMWS owner names chair and eyes IPO 20th April, 2021 by Nicola Carruthers
The owner of the Scotch Malt Whisky Society (SMWS) has appointed Mark Hunter to the role of chair as the firm considers launching an initial public offering (IPO).
Mark Hunter has joined Artisanal Spirits Company as chair
Artisanal Spirits Company (ASC) owns SMWS, a membership organisation which bottles and sells single cask, single malt whisky.
Hunter takes over the role from Paul Skipworth, who will become deputy chair of the company.
Hunter’s career in the drinks industry spans more than 30 years. His most recent role was as president and CEO of brewing giant Molson Coors.
THE company behind the Scotch Malt Whisky Society is mulling a stock market flotation. Artisanal Spirits Company has appointed financial advisers to examine a possible initial public offering (IPO) on the Alternative Investment Market (AIM). The plans were revealed as Artisanal unveiled a new chairman and financial results, which showed a modest uptick in sales to £15 million in 2020, driven by a 30 per cent rise in e-commerce sales and growth at home and abroad. The company had generated sales of £14.8m the year before. Mark Hunter, the former chief executive of brewing giant Molson Coors, has been appointed chairman. He succeeds Paul Skipworth, who has moved into the post of deputy chairman.
On Feb. 6, 2021, Senior Airman Louis Shackelford’s civilian and military worlds collided.
“I recently received my first dose of the Moderna COVID-19 vaccine during the February Unit Training Assembly (UTA). It was a surreal experience. I was sitting in my Air Force medical unit, in uniform, being injected with a life-saving vaccine brought to fruition by experts and scientists at my civilian job,” Shackelford said.
“It was a beautiful collision of the worlds in which I exist. I cannot remember ever feeling prouder to be both an airman and public health research professional.”
Every month, as Shackelford, an aerospace medical technician assigned to the 446th Aerospace Medicine Squadron (AMDS) here, puts it, there is a Friday in which he is surrounded by brilliant scientists, researchers, and public health professionals with too many letters behind their names to keep track of at his civilian job as external relations project manager at the COVID-19 Prevention Network (CoV
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