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As for his business mentors, he admires former Tesco boss Sir Terry Leahy though he is also a fan of the West Wing's President Jed Bartlet and Manchester United manager Sir Alex Ferguson. Figures for the last financial year are still being finalised, but Montgomery says the addition of Greencore has substantially boosted turnover, which reached 54. 8m in 2009. Like for like sales will also be up "a bit", as Highland Spring continues integrating and updating its five production plants across Britain. "We have got enough to be getting on with right now," he says when asked about the possibility of further acquisitions.
"The brand is still the biggest thing in the business, but now it is about having a portfolio o.
. Montgomery, a born and bred supporter of Falkirk Football Club, lists cycling, golf, rugby and running among Highland Spring's tie ups. It has a sponsorship of Olympic gold medallist Sir Chris Hoy and a newly signed deal with Scottish rugby. The range of activities are credited with helping to keep the firm's growth ahead of the bottled water market. Last week Montgomery shared developments in the company's progress and his own take on business life with about 30 guests at the latest invitation only Albion dinner organised by the Marketing Society. He worked in a small accountancy firm before joining Blackford based Highland Spring in 1985, where he worked his way up through a number of finance roles. He says his background is probably why he likes to be "quite clear about targets", including an aspiration to raise annual turnover to 100m. With the UK bottled water market reaching maturity, Montgomery knew Highland Spring would be unable to meet these aims solely through organic growth.
focus now is on broadening the group's portfolio to cover, as the company's literature puts it, "every occasion from playground to boardroom". Last week, Highland Spring added Hydr8 to its line up of products, which includes still and sparkling brands, Highland Spring for Kids, and the upmarket Gleneagles and Speyside Glenlivet. Hydr8, by contrast, is aimed at the "cost conscious consumer" keen on getting a good deal. Montgomery hints that further developments are in progress, noting that recent acquisitions have given Highland Spring access to Air Force One High Suede
He therefore set out on the acquisition trail, which culminated in the November 2009 purchase of Dublin based Greencore Group's bottled water division. He has described his smartest ideas as "acquiring competitors" and committing to a long term supply agreement with the country's biggest retailer, saying that "the former gave us access to a wider customer base, the latter gave us confidence to invest in a major way". Nike Air Force 1 Low Red And White
expertise in areas such as flavoured waters.
"We have got enough capacity within our business to grow. I am not saying we would absolutely not look at anything never say never Cheap Nike Air Force 1 but for the moment, we are happy with what we've got. "Taking together its various brands and private label business, Highland Spring is the UK's largest supplier of bottled water. The White Nike Air Force
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