Emperador Inc., a liquor manufacturer led by billionaire Andrew Tan, said Wednesday it is expanding its Scotland distillery to meet the growing demand for whisky worldwide.
Emperador said in a disclosure to the stock exchange subsidiary Whyte and Mackay would double the size of its whisky maturation complex in its Invergordon distillery from 45.4 hectares to 92 hectares.
This will create space for an additional 1.5 million casks of maturing whisky in the coming decades, it said.
“This expansion is part of Emperador’s continuing efforts to strengthen our production in response to growing demands for single malt whisky in various markets worldwide. We want to address the scarcity of aged liquids globally, and this will allow us to strengthen and support a core segment of our business,” Emperador president Winston Co said.
Whyte and Mackay is the world’s fifth largest Scotch Whisky producer that owns four leading single malt whisky brands.