One of Scotland's leading whisky companies is in talks to sell a mothballed Banffshire distillery to an Eastern European consortium.
The whisky investment could create several jobs
The Edrington Group has been negotiating the sale of the Glenglassaugh distillery at Portsoy.
Edrington, which produces brands such as Famous Grouse, is close to reaching a deal worth up to £3m.
The distillery closed 20 years ago and needs about £2m spent to resume production. Ten jobs could be created.
One of the partners in the consortium bidding to take over the plant is understood to be Latvian.