Billy Walker, Graham Stevenson and Trisha Savage, who came together as The GlenAllachie Distillers Company Ltd to make the purchase, plan to launch a range of premium quality yet affordable whiskies in domestic and export markets.
Across the senior team the three directors of The GlenAllachie Distillers Company have almost 100 years experience in the Scotch whisky industry.
The consortium has also bought MacNair’s and White Heather, a pair of blended Scotch whisky brands, which it plans to rejuvenate, with bottlings at various age ranges.
Majority shareholder Billy Walker served with Ballantine’s, Inver House and Burn Stewart before forming the Benriach Distillery Company in 2003.
The company was ultimately sold to American drinks giant and Jack Daniel’sowner Brown-Forman last year, earning Walker the accolade of “entrepreneur of the year” at the 2016 Scotland Food & Drink Excellence Awards.