Breaking News: Glen Moray stays French

Pressrelease from Glen Moray/Glenmorangie Plc:

Glenmorangie progresses the sale of Glen Moray Distillery and brand

The Glenmorangie Company announces it has signed a Heads of Terms agreement for the sale of the Glen Moray Distillery in Elgin and the Glen Moray single malt Scotch whisky brand with the independent French spirits company, La Martiniquaise.

The sale of the Glen Moray Distillery represents an important part of The Glenmorangie Company’s re-organisation plans announced in July, which incorporate a major investment programme worth £45 million. The plans will see the Company focus on developing its highly successful, premium, international single malt Scotch whisky brands – Glenmorangie and Ardbeg – to meet the growing demand for single malt whisky in key and emerging markets such as Asia, Europe and the USA.

The Glen Moray Distillery will be sold as a going concern. It is expected that all the existing employees will transfer to the new owners as part of the sale agreement.

The deal is expected to formally complete before the end of October.

La Martiniquaise is a major spirits group in France. The Company, which is headquartered near Paris, already has significant Scotch whisky operations at Bathgate, West Lothian where Glen Turner single malt and Label 5 blended Scotch whisky are bottled – both leading Scotch whisky brands in France.

Chief Executive of The Glenmorangie Company, Paul Neep said: “We believe that La Martiniquaise will provide an excellent ‘home’ for the Distillery, the brand and its employees and they will continue to develop and expand the Glen Moray brand.”

Glen Moray Distillery was originally built as a brewery in 1831 and was converted to a distillery in 1897. The Glenmorangie Company has owned the distillery since 1920.

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4 Responses to “Breaking News: Glen Moray stays French”

  1. Glenmorangie to Sell Glen Moray to French Company « just another whisky blog Says:

    […] The Whisky Viking has the news The Glenmorangie Company announces it has signed a Heads of Terms agreement for the sale of the Glen Moray Distillery in Elgin and the Glen Moray single malt Scotch whisky brand with the independent French spirits company, La Martiniquaise. […]

  2. muirhead Says:

    What is going to happen to Muirheads? (established 1823)
    Our firm Muirhead Bannockburn (established 1821)

  3. whiskyviking Says:

    Glenmorangie Plc said earlier (when the news of the sale initially leaked out) that they were discontinuing almost all blended whisky-brands in their portfolio – since their focus is on the luxury brands (i.e. Single Malts).
    I haven’t got any detailed information on which (if any) blends will be kept, but Muirhead is one company asset that’s at risk at being sold or just be shut down.

  4. Distillers for sale « WhiskyViking’s Corner Says:

    […] that might have a hankering for W&M is the french drinks company La Martiniquaise, who recently bought Glen Moray Distillery. The company has put forth plans on constructing a distillery in Bathgate outside Edinburgh, but […]

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