Contracts round-up

Peat boost; ICAS loans tie-up; Vert Rotors; EICC and Bio deal

Colin Johnston, Craft Brewing & Distilling Sales Manager

Following a £3.3m investment in a new peat kiln in Portgordon, Crisp Malt is stepping up its supply of peated malt to the craft distilling industry and has agreed a five-year agreement with the new Holyrood Distillery in Edinburgh.

Crisp Malt started producing peated malt in 2005 and the new kiln increases production capacity from 17,000 tonnes to 37,000 tonnes a year.

Crisp also supported Glasgow Distillery with the release of its new peated whisky The 1770 Peated Release No. 1, which was launched in August.

In addition to its new agreement with Holyrood, Crisp is also the sole malt supplier to Lagg, Lochlea, Raer, Rassay, Annadale, Lochlea, Ardnahoe, Crabbies, and Strathearn.

LendingCrowd and ICAS tie-up

LendingCrowd and the Institute of Chartered Accountants of Scotland (ICAS), have signed a strategic partnership that will see LendingCrowd become ICAS’s preferred partner for business loans.

The partnership will last for an initial three years. Stuart Lunn CEO of LendingCrowd, said: “ It is a fantastic platform for us to showcase the benefits of alternatives to traditional bank lending, and for ICAS members to then utilise these benefits.

“It marks another important step forward in LendingCrowd’s growth story, five years after we launched. We look forward to working closely with ICAS and making this partnership a real success story.”

Vert Rotors university contract

Vert Rotors has concluded its first major sales contract, marking the technology pioneer’s entry into a new commercially-driven phase of its growth.

The Scottish firm’s A100 compressor – described as the biggest advance in the industry in 40 years – has been installed at the University of Edinburgh to streamline its operation at the Edinburgh Clinical Research Facility Mass Spectrometry Core Laboratory.

Set up in 2013, Edinburgh-based Vert has to date focused on the technical development of its compressor technology. The deal with the University of Edinburgh is the firm’s first commercial success, and follows the appointment of John McNeil as sales engineer in charge of driving new business.

Vert Rotors employs 14 people at its compressor design centre on the southern edge of Edinburgh.

EICC partners BioQuarter

The Edinburgh International Conference Centre (EICC) and Edinburgh BioQuarter have established a partnership aimed at bringing more UK and global medicine and life sciences conferences to Edinburgh while helping to build Edinburgh BioQuarter’s pipeline of innovative companies and world-leading expertise.  

Marshall Dallas, chief executive of the EICC said: “Building on Scotland’s existing world-class reputation in medicine and life sciences, through the partnership we are aiming to attract more industry companies and associations to the city.”

Anna Stamp, interim programme director of Edinburgh BioQuarter said: “We view this partnership as a shop window to the city which will help us to position ourselves on the world stage, because we think we have a global proposition in life sciences and healthcare.”

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