ARRAN Brewery could be sold on as their shareholders weigh up a second bid for the company in as many months.

In details outlined by brewery boss Gerald Michaluk, it has been claimed that the near 20-year-old business could be bought by a mystery bidder.

He said: “It is nice to see others value the brewery enough to make an initial enquiry about its purchase.

“The brewery is not on the market but this is the second approach in as many months.

“I think there is an anticipation I want to retire. I have no such intention at the moment as I am having too much fun.

“When agents get appointed to determine if a business is for sale then it could mean there is a serious business behind the enquiry.

“Arran Brewery plc has shareholders and I am duty bound to put any formal legal offer to our shareholders, who ultimately would decide if the offer was attractive or not.”

This is not the first time the business have been asked about a takeover.

Gerald added: “Over the years we have been approached a few times and I even noticed a video on You Tube promoting our loch Earn site as a whisky distillery?

“I was really impressed by the video, if a little surprised, as the company behind the video, Glen Quaich, has absolutely no connection with the site or our brewery other then they asked if the site was for sale and were told “any formal legal offer would be considered by our shareholders”.

No offer was ever forthcoming but a very impressive promotion video has clearly been made.”