Douglas Laing see Profits Increase
Family owned Scotch Whisky specialist Douglas Laing has revealed that profits increased 17% to £1.6m in 2016. Double digit growth three years on the trot has fuelled recent expansion with a series of ambitious upcoming new ventures. Sales of Douglas Laing’s Whiskies grew by 29% in 2016, with more than 60,000 cases shipped globally. Meanwhile the company has just appointed Danny MacLennan, formerly with BrewDog and William Grant & Sons, to join the Douglas Laing board as Finance Director, taking over from Alick Bisset who assumes the role of Non-Executive Director within the growing business.
Fred Laing, Managing Director commented, “As we continue to put in place an exciting future for Douglas Laing, we are delighted to have Danny join our growing team as Finance Director. He brings a great value, expertise and understanding of the drinks category with proven results behind him in terms of managing growth and success”.
Chris Leggat, Commercial Director comments, “Douglas Laing has doubled its size in the last three years – now we truly begin building on these solid foundations and we have just started phase two of our longer term plan. We are three years into our ambitious, but closely managed, thirty year strategy and we are already delighted with the results. Of course there will be challenges ahead, but we look forward to managing them and will continue to absorb and build. It’s an exciting time for the business, our great team and our global partners.”
The Company was founded by Fred Douglas Laing in 1948 and is still owned and run by the Laing family – Fred Laing Jr and his daughter Cara Laing. Brands include Timorous Beastie, Scallywag, Rock Oyster and Big Peat.