The UK’s richest spirits tycoons

14th May, 2019 by Nicola Carruthers

10. Joe Sloan and Brenda Salters and family

Worth: £152m

Rank in The Sunday Times Rich List 2019: 787

Rank in 2018: 828

Rise/fall: +£8m

SHS founder Joe Sloan and his family are the 10th richest in the UK spirits industry. Belfast-based drinks marketing and distribution firm SHS was founded in 1975 by Sloan and his late business partner Geoff Salters, and is known for producing brands such as WKD, Shloer, Bottlegreen, and Merrydown Cider.

Salters’ widow, Brenda Salters, owns and 50% stake the business and jointly occupies the Rich List’s 787th spot. She remains on the board of the company.

Profits at the £240m (US$310m) business fell slightly to £24.4m (US$31.6m) on £545.7m (US$706.8m) sales in 2017 when it showed £151.2m (US$196m) assets.

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