Elixir Distillers to acquire Tormore Distillery

Independent whisky specialist, Elixir Distillers, has signed an agreement to buy the Tormore Distillery from Pernod Ricard.

The acquisition is the latest move from the Co-founders and owners of Elixir Distillers, Rajbir and Sukhinder Singh to develop Elixir Distillers into a world-leading brand owner, distiller and independent bottler.

Alexandre Ricard, Chairman and CEO of Pernod Ricard, stated: “Active portfolio management is an integral part of our long-term strategy. The sale of the Tormore brand and distillery follows the recent announcement of our investment behind the Aberlour and Miltonduff facilities, which will increase our Scotch production capacities by 14 million litres of alcohol per annum. We are delighted to be handing Tormore over to Sukhinder and Rajbir, two friends and truly creative entrepreneurs, and look forward to finding new ways to collaborate in the future.”

Sukhinder and Rajbir foresee a bright future for Tormore: “We are committed to creating a new era for Tormore. Our goal is to establish the reputation of Tormore on the global stage to match the special quality of the whisky. We want Tormore to stand shoulder to shoulder alongside the biggest names in single malt whisky and we plan to release a brand range that Scotland will be proud of. We want to make this a real destination for all visitors to Speyside; we will be refurbishing the distillery and we also plan to build a visitor centre.”

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.