Pernod Ricard sells Glenallachie Distillery

12 July 2017

Pernod Ricard has announced the sale of the Glenallachie Distillery, including the single malt brand, MacNair’s and White Heather blended scotch brands, to the Glenallachie Consortium for an undisclosed amount.

The Glenallachie Consortium – comprising of industry greats Billy Walker, Graham Stevenson and Trisha Savage –said its mission is to be a wholly Scottish owned, Scottish based, and a truly independent Scotch whisky company producing excellent whiskies and offering them to the market at premium but affordable prices.

Pernod said the move is in line with its strategy to focus on its priority spirits and wine brands and to 'adjust its industrial footprint to its needs'.

The closing of the transaction is subject to customary conditions and is expected to take place before the end of 2017.

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