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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. ....
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. ....