Cockburn’s of Leith Rescued

The Cockburn's of Leith name will survive thanks to a deal between its administrators and Edinburgh Wine Importers. The 18th century business has been acquired by its former rival in a move which includes some debts and stock. Cockburn's called in Ernst & Young a week ago after recessionary trading conditions brought the company to its knees. EWI is owned by Sir David Murray, an entrepreneur with a controlling interest in Glasgow Rangers FC. [...more]

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