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Former Whyte & Mackay CEO Imerman Interested In Acquiring Company

December 2, 2013

Vivian Imerman, who was CEO of Whyte & Mackay before its sale to India’s United Spirits Ltd. in 2007, has expressed an interest in acquiring the Scotch producer if Diageo is forced to sell it. Imerman, currently chairman of investment group Vasari Global, recently released a statement—through Vasari—that “noted Diageo’s reported interest in selling the Whyte & Mackay business. If it is decided that Diageo will sell, Mr. Imerman has expressed an interest in buying it back.”

“Whyte and Mackay would make an important addition to the portfolio of spirits and beer businesses in Africa and Asia where Mr. Imerman has been concentrating his efforts through his company Vasari,” the statement continued. “The W&M brand would be complementary to the strategy of acquiring and growing businesses in these regions to take advantage of rapid consumer growth.”

Diageo acquired Whyte & Mackay earlier this year through its purchase of a controlling interest in United Spirits. Last week, Diageo proposed the potential sale of Whyte & Mackay’s Scotland-based Invergordon, Jura and Fettercairn distilleries in order to assuage competition concerns from U.K. regulators. Under the terms of its proposal, Diageo would retain Whyte & Mackay’s Dalmore and Tamnavulin facilities. The U.K.’s Office of Fair Trading is currently considering the proposal.

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