Sangs jobs saved in US takeover move

AROUND 60 staff at the Sangs soft drinks firm in Macduff are celebrating following the news that their jobs have been safeguarded.

A US company has come to the rescue of the troubled business, which was put into administration in January.

Restructuring specialist Zolfo Cooper revealed on Friday that Florida-based Cott Beverages was buying Sangs with immediate effect.

Joint administrator Elizabeth Mackay said: "We are delighted to see Sangs exit administration, and it is now well positioned for the future.

"We always believed that the people, products and provenance of this special and unique Scottish business had a great deal to offer any owner prepared to invest in and develop it."

See this week's edition of 'The Banffshire Journal' for full story.

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