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Ski centre goes into liquidation Ski centre in management buy-out
(about 4 hours later)
Scotland's oldest ski centre has gone into liquidation. Scotland's oldest ski centre has been taken over in a management buy-out, according to its website.
Talks have started with a potential buyer for Glencoe Mountain Resort, which took over White Corries when it went into receivership. Liquidators had been appointed for Glencoe Mountain Resort, which took over White Corries when it went into receivership about three years ago.
Along with Scotland's other ski centres, Glencoe has suffered from a lack of consistent seasons because of poor snow falls.Along with Scotland's other ski centres, Glencoe has suffered from a lack of consistent seasons because of poor snow falls.
Invocas has been appointed provisional liquidators. It said its primary aim was to safeguard the business. The resort's website said it was open for business.
Colin Murdoch, of the Glasgow-based firm, said: "We have identified an interested party and discussions are at an advanced stage in order to conclude a sale as quickly as possible." Invocas were appointed provisional liquidators. It said its primary aim was to safeguard the business.
Generally, we can assist if there is the investment in a business Charlotte WrightHIE area directorGenerally, we can assist if there is the investment in a business Charlotte WrightHIE area director
He added: "We would like to thank the company's employees, customers, and landlord for their support to date."
Charlotte Wright, Highland and Islands Enterprise's area director in Lochaber, said the agency would do whatever it can to help keep the Glencoe centre open.Charlotte Wright, Highland and Islands Enterprise's area director in Lochaber, said the agency would do whatever it can to help keep the Glencoe centre open.
She said: "Generally, we can assist if there is the investment in a business.She said: "Generally, we can assist if there is the investment in a business.
"If there is a new buyer, or there is a kind of rescue situation that the current owners can come up with that involves further investment, then we may be able to assist with that in terms of capital.""If there is a new buyer, or there is a kind of rescue situation that the current owners can come up with that involves further investment, then we may be able to assist with that in terms of capital."
Originally known as the White Corries, it became Scotland's first commercial ski area with the construction of an overhead ski lift in 1956.Originally known as the White Corries, it became Scotland's first commercial ski area with the construction of an overhead ski lift in 1956.
The resort covers 494 acres on the Meall A'Bhuiridh Massif and has seven lifts and 19 runs.The resort covers 494 acres on the Meall A'Bhuiridh Massif and has seven lifts and 19 runs.