Glenglassaugh Distillery To Reopen

[John]

I meant to post this the other week when i saw it on the BBC anyway here it is now:

Glenglassaugh Distillery to make whisky again

Stuart Nickerson is the new managing director at Glenglassaugh
Production at a 133-year-old Scottish distillery will restart for the first time since 1986.
The Glenglassaugh distillery, built in 1875, was a contributor to Famous Grouse, Laing's and Cutty Sark blends.

It is expected the reopening of the distillery in the village of Portsoy on the Moray coast, will result in the creation of up to 20 jobs.

It comes after a Dutch investment house, Scaent, agreed a £5m acquisition of the business from Edrington Group.

Massive potential

Stuart Nickerson, the firm's new managing director and Scottish whisky expert, said: "Start-up funding will cover running costs for the first year - we estimate it will take six or seven months to bring the distillery back to full working order.

"Glenglassaugh has the capacity to make one million litres of whisky a year and has high-growth potential. The product will appeal to malt collectors, those on high-disposable incomes and target markets include Eastern Europe."

Jonas Garbaravicius, Scaent group executive vice president, said the company recognised that the Glenglassaugh distillery had massive potential and was a perfect opportunity to bring an historic Scottish business back to life for future generations to enjoy.

The deal has also been backed with £2m start-up funding from Barclays commercial department.

Production will start by the end of the year.

Source: BBC

Good to see another distillery opening again.

John

[islayonspey]

[quote="John"]I meant to post this the other week when i saw it on the BBC anyway here it is now:

Glenglassaugh Distillery to make whisky again

Great news fot the North East of Scotland. I heard rumours about a Russian interest John, but there's nothing wrong of Dutch taking a hold of a distillery.
There are a few more mothballed distilleries that need a cash injection;
Caperdonich,
Braeval,
Imperial.
ANYONE WITH A COUPLE MILLION SPARE . . . . . . Slainte Rene
_________________
Ardbeg 4 ever

[William]

[William]

Just an update on events at Glenglassaugh, near Portsoy.

Glenglassaugh have appointed Graham Eunson, a former boss of Glenmorangie where he was manager of its distillery at Tain, since 1998.

Orkney born Mr Eunsons appointment has been seen as a coup for the 133 year-old Glenglassaugh distillery.

Mr Eunson has also previously worked for the Scapa Distillery on Orkney and for Glendronach Distillery in Aberdeenshire.

He said: "During my career I have had to oversee the closures of both Scapa and Glendronach distilleries.

"So the opportunity to breathe life back into a moth-balled distillery of such iconic status was one I couldn't resist."

William

[John]

Glenglassaugh has officially reopened its distillery, after having been out of operation for 22 years. It was reopened yesterday 24th November by Scotland's First Minister, Alex Salmond.

Managing director Stuart Nickerson said: "We will initially be releasing a limited amount of 22, 30 and 40 year old single malts. These whiskies are unique and have been very well received by those who have tasted them, including key whisky writers and knowledgeable whisky experts."

John