Drinks distributor closes depot as part of £400k restructure
The firm – formed six months ago from the merger of drink distributors Inverarity Vaults and Wm Morton – said the closure was a cost saving measure.
Stephen Russell, md of Inverarity Morton, said all the firm’s operations will be run form its offices in Shawbridge, Glasgow after the closure of the former Inverarity Vaults headquarters in Symington.
£400,000 upgrade
Meanwhile, Russell said that £400,000 will be invested in upgrading all back office, stock management and delivery software systems as well as adding new vehicles to the firm’s fleet.
Inverarity Morton supplies the hospitality trade throughout Scotland. Its 2,000 clients include all Scottish Michelin-starred restaurants.
Wm Morton recorded a turnover of £46M in 2010, up 10% on the previous year.
Inverarity Vaults posted turnover of £8.2M, up 11% on 2009.
