International whisky enthusiasts will soon be able to have a taste of some of the world’s rarest and most sought-after spirits, after the entrepreneur behind Dramtubes – a Milngavie-based whisky tasting business – secured funding for growth. Dramtubes aims to make highly desirable
Drinks conglomerate Diageo has celebrated a 12% increase in global Scotch whisky sales for the year ended 30 June 2023. The London-listed company, which owns almost 30 malt distilleries in Scotland, across which it employs 3,500 people, reported a 5.1% rise in operating profit to £4.6 billion,
Fintech firm Ferovinum has sealed a landmark £100 million deal with NatWest and BCI Capital, marking a transformation in capital deployment within the UK wine and spirits industry. This is the first time NatWest has led portfolio funding arrangements for a wine and spirits inventory finance pl
In a bid to expedite the whisky industry's progress towards net-zero emissions, Chivas Brothers has made its pioneering heat recovery technologies open source. The Scotch whisky business, a division of Pernod Ricard, owner of brands including Chivas Regal and The Glenlivet, makes the move on th
Moray-based LH Stainless Ltd (LHS), a processing equipment manufacturer for the distilling industry, has secured an investment of up to £149,000 from Highlands and Islands Enterprise (HIE), facilitating an ambitious £745,000 expansion project.
The Uile-bheist Distillery, situated on the banks of the River Ness, has reached a milestone by filling its maiden casks with new make spirit. The distilled spirit, guided by head distiller Andrew 'Drew' Shearer, is to be matured in ex-sherry and ex-bourbon oak casks for at least three years, follow
The Port of Leith has ushered in a significant milestone by appointing Vaibhav Sood as its head of whisky, as it prepares to commence operations and open its doors to the public. The new £13 million nine-storey distillery, nested within Leith's historic port, will debut later this year under t
Edrington, the Glasgow-based whisky distiller, comprising prestigious brands including The Macallan and Famous Grouse, has reported a 43% rise in pre-tax profits and exceeding £1 billion in core revenue for the first time, marking a milestone in the company's financial performance. This growth
Following a five-year tenure marked by record-breaking achievements, Thomas Moradpour is stepping down as president and CEO of The Glenmorangie Company to join luxury champagne brand Dom Pérignon, a fellow subsidiary of LVMH. He will be succeeded in post by Caspar MacRae, currently global mar
Eden Mill, a whisky and gin distillery based in St Andrews, has marked a significant milestone in its development of a new distillery and visitor centre at the University of St Andrews’ Eden Campus. The company has completed the first phase of construction of the £8 million project, and
Scottish whisky producer William Grant & Sons Distillers Ltd, which is known for its Glenfiddich, The Balvenie, Hendrick's and Drambuie labels, has received council approval to upgrade its current operations at the Grangestone Industrial Estate near Girvan.