Decorative pattern

Scheme document published for the £46.1 million recommended cash offer by Nyetimber Wines and Spirits Group for The Lakes Distillery Company

April 2024

NYE timber

For over 35 years Nyetimber has had a single aim: to make the finest English sparkling wine, one to rival the very best in the world.

A true pioneer, Nyetimber was the first English producer to craft sparkling wine exclusively from the three celebrated grape varieties: Pinot Noir, Pinot Meunier and Chardonnay. Nyetimber is made from one hundred percent estate-grown grapes and is regarded as England’s finest sparkling wine.

Owner and Chief Executive Eric Heerema and winemaker Cherie Spriggs are committed to producing wines of exceptional quality.

Nestled on the bank of the River Derwent among the breathtaking valleys and fells of the Lake District, The Lakes Distillery Company design opulent whisky, rich with layers of flavour and complexity.

Built meticulously in a 160-year-old farm on the banks for the River Derwent, their award-winning distillery offers visitors ‘behind the scenes’ tours of our state-of-the-art distillery and tastings of our collection of spirits.

The first English distillery to win the coveted title “World’s Best Single Malt Whisky” at the World Whiskies Awards, their modern approach places flavour creation at the heart of everything they do.

From sacrificing efficiency in return for a spirit that delivers a distinctive long buttercream mouthfeel, The Lakes Distillery prides itself on pushing boundaries and challenging traditional conventions.

On 2nd April 2024, the boards of Nyetimber Wines and Spirits Group (Nyetimber)  and The Lakes Distillery Company (The lakes) announced the terms of a recommended cash offer to be made by Nyetimber to acquire the entire issued and to be issued ordinary share capital of The Lakes to be effected by means of a court sanctioned scheme of arrangement between The Lakes and Scheme Shareholders under Part 26 of the Act.


Publication of the Scheme Document


The Perivan shareholder communications team was delighted to work with Singer Capital Markets who acted as financial adviser and Muckle LLP who acted as legal adviser to The Lakes  on the production of the Scheme and associated and ancillary documents, which were successfully published and posted to qualifying shareholders on 17th April 2024.

For more information, click here.


Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.

Start Your Project Today!

Are you ready for us to help you with your next project?

Get in touch
Decorative pattern