Management Team Buys Drinks Giant in Scotland's Biggest Ever MBO
Management Team Buys Drinks Giant in Scotland's Biggest Ever MBO A senior management team has today successfully completed the £200 million acquisition of JBB (Greater Europe) Limited through a new company, Kyndal International Limited ("Kyndal"), in the largest ever MBO put together in Scotland. The acquired business, which was a wholly owned subsidiary of Jim Beam Brands Worldwide Inc, part of Fortune Brands Inc., includes the former Whyte & Mackay and Invergordon Distillers Groups. Kyndal, which employs almost 760 people, will retain its corporate headquarters in Glasgow. The business,