Monday, August 19, 2024

MACKMYRA SWEDISH WHISKY FILES FOR BANKRUPTCY

Mackmyra Swedish Whisky, has today announced that it has filed for bankruptcy.

The multi-award-winning distillery, which was celebrating its 25th year of operation, posted the news this morning on its website.

Mackmyra Swedish Whisky files for bankruptcy

The news comes less than a week after the distillery announced a return to the UK market - following a short absence, in a partnership distribution deal with The Summerton Whisky Club.

Commenting on the news, Petter Ski, Chairman of Mackmyra, said: “It is with great sadness that we must state that it is unfortunately not possible to continue the company's operations. The company management and board have struggled hard to come to terms with the company profitability and cash flow. Despite the fantastic work of both staff and management, it is still not possible to continue. Since I took over as Chairman of the Board just over a year ago, my focus, together with the newly appointed management and the Board, has been to find a long-term solution for Mackmyra, but I am forced to conclude that time has not been enough. I sincerely hope that the bankruptcy trustee now has the chance to do something constructive with the values in the company and secure the Mackmyra brand and its 25-year history.”

The ownership and management of Mackmyra is now in the hands of the bankruptcy trustee.


Posted by Steve Rush