Elixir Distillers, has announced that it has signed an agreement to acquire the Tormore Distillery from Pernod Ricard, for an undisclosed sum.
The acquisition is the latest move from co-founders and owners Rajbir and Sukhinder Singh (also owners of The Whisky Exchange and Specialty Drinks) to develop Elixir Distillers into a world-leading brand owner, distiller and independent bottler.
|Elixir Distillers acquires the Tormore Distillery|
Tormore distillery was built in 1960, designed by renowned architect and President of the Royal Academy, Sir Albert Richardson, whose style combined neoclassicism with modernism. Historically known as ‘the pearl of Speyside’, the beauty and uniqueness of its architectural design were recognised in 1986 when the distillery was granted listed building status. It is one of the first distilleries you encounter when you travel north to Speyside and is located close to Cragganmore, Ballindalloch and Glenfarclas distilleries.
Tormore distillery has been owned by Pernod Ricard since 2005. It is among one of the larger distilleries in Scotland with a capacity of just under 5 million litres of alcohol per year, providing the potential for long term growth. The deal with Elixir Distillers includes inventory of aged stock.
Commenting on the news, Sukhinder Singh, said: “Tormore is one of the most visually stunning distilleries in Speyside. It produces a beautiful spirit and fits in perfectly with the Elixir Distillers flavour-first philosophy to bottle only the very highest quality whiskies. We are hoping to build on the work that’s been done by Pernod Ricard to bring to life the magic of Tormore and show consumers around the world just what a hidden gem it is. We are humbled to be the new custodians of Tormore; we couldn’t have asked for a better distillery to welcome to the Elixir family alongside our new Islay distillery, Portintruan.”
Last month, Elixir Distillers unveiled the name of its new Islay based distillery; Portintruan, which is due to open in 2024.
Posted by Steve Rush