Page last updated at 18:13 GMT, Thursday, 28 August 2008 19:13 UK

Whisky firm sells off distillery

Glendronach Distillery
Glendronach has been bought by an independent firm

A leading whisky firm has announced the sale of a Speyside distillery.

Chivas Brothers said it was selling Glendronach so it could concentrate on developing and improving its remaining 13 malt distilleries.

It said the new owners, The Benriach Distillery Company, would be able to "give it the attention it deserved".

The firm was was set up by three entrepreneurs in 2004 when they bought Benriach, which was also previously owned by Chivas Brothers.

Chivas Brothers is the Scotch whisky and premium gin business of leading drinks group Pernod Ricard.

Christian Porta, Chivas Brothers CEO, said: "We currently have 13 operational malt distilleries, including the recently re-opened Braeval distillery.

"We have also started significant expansion plans for The Glenlivet Distillery, which is one of the top 15 priority brands of Pernod Ricard.

"Therefore, our focus is to continue to develop and improve these distilleries."

The BenRiach Distillery Company an independent and privately-owned organisation, which currently produces single malt whiskies at Benriach in Speyside.




SEE ALSO
Investment plans for whisky firm
02 Jul 07 |  Glasgow, Lanarkshire and West
Crowd braves rain at piping party
21 May 07 |  Glasgow, Lanarkshire and West
Barrels rolled out for water cuts
17 May 06 |  North East/N Isles
'Whisky' sailor returns to island
14 May 06 |  Highlands and Islands
Rare whisky harvests high price
06 Apr 06 |  Scotland

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific