(CercleFinance.com) – Pernod Ricard announces the signing of an agreement to sell the Tormore Scotch Whiskey brand and its distillery to Elixir Distillers.
This listed building, built in 1960 and with a capacity of almost 5 million liters of pure distilled alcohol per year, is as famous for the quality of its scotches as for its architectural design. Tormore is a well-known brand for its single malts, especially its 14 and 16 year old editions.
Alexandre Ricard, Chairman and CEO of Pernod Ricard, said: ‘The sale of the Tormore brand and distillery follows on from the recent announcement of investments in the Aberlour and Miltonduff sites, called to increase our Scotch production capacity to 14 million liters per year. ‘