AN EAST Lothian-based grain merchant led by the former Scotland rugby captain Jim Aitken has fallen into administration. Alexander Inglis & Son, which supplies grain and cereals to the whisky and distilling industries, is to be wound down after a poor harvest in 2020 was compounded by a fall in demand arising from the coronavirus pandemic. Joint administrators Tom MacLennan and Chad Griffin at FRP said that Alexander Inglis & Son – which is based near Ormiston – also continued to be impacted by losses on dealings with the failed Philip Wilson Group. The board determined that the best course of action was to wind the business down to maximise value to creditors, FRP said.
Whisky grain supplier goes into administration 13th May, 2021 by Nicola Carruthers
Alexander Inglis & Son, UK supplier of grains and cereals to the distilling sector, has gone into administration after suffering ‘weak trading’.
Alexander Inglis & Son supplied grains and barley to the distilling industry
Tom MacLennan and Chad Griffin, of business advisory firm FRP, have been appointed joint administrators of Alexander Inglis & Son.
The company was founded in 1950 and supplies cereal, barley, seed and fertiliser to customers in the whisky, malting and distilling sectors.
The firm operates five grain stores across east Scotland and the Borders area, has a turnover of around £100 million (US$140m) and employs 40 workers.
AN East Lothian-based grain merchant led by the former Scotland rugby captain Jim Aitken has fallen into administration. Alexander Inglis & Son, which supplies grain and cereals to the whisky and distilling industries, is to be wound down after a poor harvest in 2020 was compounded by a fall in demand arising from the pandemic. Joint administrators Tom MacLennan and Chad Griffin at FRP said Alexander Inglis also continued to be impacted by losses on dealings with the failed Philip Wilson Group. The board determined the best course of action was to wind the business down to maximise value to creditors, FRP said.