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Potential buyers for WaverleyTBS

ADMINISTRATORS last night reported they were in talks with a number of potential buyers for Scottish & Newcastle's former wholesale arm, WaverleyTBS.

Waverley was bought out by Jeremy Blood, former UK managing director of Dutch brewer Heineken, with private equity backing after Edinburgh-based S&N was acquired by Heineken, which then sold some of its peripheral businesses.

The company, one of the country's largest wholesalers and distributors of alcoholic and soft drinks, is headquartered in Chesterfield, Derbyshire, and employs 830 staff at 18 sites across the UK, including a depot in Port Dundas Business Park, Glasgow.

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