The BenRiach Distillery Company has announced a £25m investment into the company following reports of a record year with pre-tax profits rising 24% to £11.1m.
The company, which owns BenRiach, GlenDronach and Glenglassaugh single malt whiskies also saw a 17.6% rise in turnover to £41.5m.
Over the past year the firm, which employs 120 people, has been highlighted by the London Stock Exchange as one of the top influential companies to inspire Britain and have also been named Global Distiller of the Year by Whisky Magazine.
Sales Director Alistair Walker explained, “In the last twelve months we’ve seen unprecedented demand for high-end brands like ours. The top five markets for our whisky brands are Taiwan, Germany, UK, Africa and the USA where we have really pushed on in 2014.”
Managing director Billy Walker said, “We’re delighted to announce record profits in our eleventh year and it’s all down to the hard work, passion and commitment of our people across our four sites. We continue to make significant strides in brand development where we are concentrating our efforts on the top end of market. We are an independent, boutique business and we see each distillery as having ‘Grand Cru Chateau’ provenance.”
He concluded, ““We’re open-minded and if something came up adding value and balance to the business, we would certainly consider it.”