Daily Newsletter

06 September 2023

Daily Newsletter

06 September 2023

Bladnoch Distillery hires former Edrington exec as CEO

Gribbon spent more than a decade at Edrington, working on brands including The Famous Grouse and The Macallan.

Conor Reynolds

Bladnoch Distillery has named former Edrington executive Glen Gribbon as CEO, with owner David Prior stepping away from “day-to-day operations”.

The move comes as the Scotch distiller, bought by Prior in 2015, looks to “accelerate” its growth.

Gribbon spent more than a decade at Edrington. He joined the business in 2012, working for two years as director of the distiller’s The Famous Grouse brand.

In August 2014, he was named director of Edrington’s blended Scotch business. After just over 18 months in that role, Gribbon moved to become the marketing director for The Macallan.

Gribbon said: “What David has achieved since buying the distillery is incredible – the definition of brave – and it gives the new team an excellent foundation to build on.”

Gribbon joins a senior team that includes former Rémy Cointreau executive Jonathan Owen, who joined the company as commercial director for EMEA and Americas in February.

Last month, the Scotch Whisky Association (SWA) reported a drop in export volumes in the first half of 2023.

The industry saw volumes decline by 20% to the equivalent of 630m 70cl bottles, according to HMRC data analysed by the SWA. Volumes were led by demand from France, India and the US.

It followed a bumper year in 2022 as exports bounced back from a pandemic-led slump.

Export value was down 3.6% at £2.57bn ($3.23bn), a smaller decrease that the SWA put down to consumers trading up.

SWA chief executive Mark Kent said the results were “encouraging”.

He added: “2022 was an exceptional year for Scotch Whisky exports, breaking records in both value and volume. So, at the halfway point of 2023, it is encouraging that the industry is keeping pace with export value.”

Flavored alcoholic beverages forecasted to register the fastest growth within the alcoholic beverages packaging industry

The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. The Asia-Pacific represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.

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