Two An­gos­tu­ra di­rec­tors have joined the board of Paragon Vint­ners, an Eng­lish spir­its dis­trib­u­tor that is the lo­cal rum pro­duc­er's sis­ter and which has been in the process of be­ing wound down for the last four years.The An­gos­tu­ra di­rec­tors are Mar­lon Hold­er, the CEO of CL Fi­nan­cial, and Robert Ram­c­hand, who rep­re­sents the group's share­hold­ers on the CLF board.Hold­er and Ram­c­hand joined the board of Paragon Vint­ners, which was pur­chased by CLF in 2004, last week.

Ac­cord­ing to the UK com­pa­ny's reg­istry en­try: "In 2009, the group took the de­ci­sion to ex­it wine dis­tri­b­u­tion in the UK mar­ket, and this re­sult­ed in the wind down and the com­pa­ny's ces­sa­tion of trade dur­ing 2009." The com­pa­ny had no em­ploy­ees in 2010 and 2011 and the di­rec­tors of the com­pa­ny re­ceived no re­mu­ner­a­tion in those years.

Paragon's par­ent com­pa­ny is CL World Brands, the Scot­tish firm that will re­ceive US$146.2 mil­lion for April's sale of 71 per cent of Scot­tish whiskey pro­duc­er, Burn Stew­art, to South African spir­its com­pa­ny, Dis­tell.The chair­man of CL World Brands is An­drew Mitchell, the Eng­lish QC who rep­re­sents the in­ter­ests of for­mer CLF ex­ec­u­tive chair­man, Lawrence Duprey.