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Most of us whisky enthusiasts know The Macallan. How can we not know when it is the third largest selling single malt and the second largest by volume? However, how many of us have actively read up on The Macallan’s past and understand its long and rich history since it was founded in 1824? Not many, we suppose. Therefore, the whisky geeks decided to give all our readers a glimpse into the rich history of The Macallan and at the same time, provide some interesting factors to its previous ownership.
Before we even talk about The Macallan, let us bring you back to the 19th century Scotland. Back in those days, the Crown was steadily increasing the taxes for whisky distillers, which eventually drove many of them underground. Illegal distilleries were common and they were making sub-standard whiskies due to their fear of being discovered. However, one region stood out among the rest – distilleries in Speyside continued to produce great whiskies, which attracted even King George IV. As the people began to pressure the government to abolish the ridiculously high taxes, The Duke of Gordon took the lead to champion the cause and succeeded in 1823 to set up a completely new Excise Act. Under this regulation, distillers were given a license to operate in exchange for an annual fee of £10 and a per-gallon duty fee.
Under this new rule, The Macallan emerged from the underground in 1824 when founding father Alexander Reid obtained the license to operate. Alexander leased 8 acres of land from the Earl of Seafield to establish The Macallan. The land included the Easter Elchies House which the Earl of Seafield bought from the grandson of Captain John Grant, the original owner of the house. Since then, the Easter Elchies House is part of The Macallan and remains as its symbol for good, classic single malt Scotch whisky.
After the distillery was set up, Reid formed his own company, Alexander Reid & Co, with The Macallan under its wings. The whisky distilled in this period was named as The Craigellachie, named after the village that the distillery was located. Reid remained as the head of the distillery until his death in 1847, after which, his son took over the helm until his own death in 1858. During the times when the junior Reid was at the helm of the distillery, he took on partners, James Davidson and James Shearer Priest. The distillery later on fell to Davidson alone when Reid passed on. Davidson was a corn merchant who had made his fortune; and he was the one who established the rule of using only high-grade barley for distilling whisky.
After Davidson’s death, the distillery was taken over by James Stuart on a tenant arrangement. Stuart became very successful in his career and went on to own and operate various distilleries. After 20 years of operation, Stuart purchased The Macallan distillery in 1886.
The era of modernisation arrived with Roderick Kemp as the new owner of the distillery in 1892. After buying the distillery, it was renamed as R.Kemp Macallan-Glenlivet to take advantage of the Glenlivet name, which had become world famous by then. The Macallan distillery was rebuilt by Kemp. He added new warehouse facilities, improve the company’s stills and the other buildings around it, including the Easter Elchies House. He also expanded Macallan’s production and set new quality standards such as maturing whisky only in Spanish oak sherry casks. Kemp died in 1909, and his family continued to manage the distillery through a trust until the 1990s.
During this period, the company underwent a lot of changes due to the changes in preferences for single malt whiskies in the mid-1960s. With the interest of single malt growing higher, the company began to add new stills to its property. The Kemp family wanted to preserve the traditional small stills so, instead of changing to the bigger, industrialised stills that were used by the other distilleries, they doubled the small stills instead.
As the company expanded further, it needed more financial backing and in 1968, the company went public in order to obtain more funds for expansion. The public funds help the company to grow further and by the end of 1968, its annual sales was more than £822 million. The company began to build a new generation of stills but it keep its small stills model in mind, creating exceptional stills for the distillery. In 1975, the company hit sales of £1 million. At this time, the company began to attract a global audience for its exceptional whiskies and the company made a record sales of £2 million by 1977.
At this time, the Easter-Elchies House located on The Macallan premises was in disrepair, and in desperate needs of restoration. Due to the interest of Scotch whiskies, the company decided to restore the house and let it be the reception centre for visitors as well as the office for its ever-growing international distribution. When it opened in 1977, it was so well received that the company decided to change its name to The Macallan. By the mid-1980s, the popularity of single malt whiskies has prompted a collector’s market, in which The Macallan became one of the most desirable labels, especially after they released their first 60-year old bottling.
As a public company, The Macallan has remained strong in the face of aggressive mergers and acquisitions in the 1990s. In 1994, the company signed a distribution agreement with Highland Distillers, knowing that the owners of Highland Distillers are interested in acquisition. However, the time is not yet ripe for a take-over. After the mid-1990s, the Highland Distillers become more aggressive in acquiring a larger stake in The Macallan. By this time, the Kemp family is no longer interested to keep the distillery as well. They practically let the distillery go, which resulted in Highland Distillers to join forces with Japan’s Suntory and obtained 51% of The Macallan. The new venture immediately launched the buy-out of the remaining 49% of the company’s shares. With that, The Macallan joins Highland’s Famous Grouse, the best-selling blended whisky in the UK.
The Macallan was held by the joint venture of Highland Distillers and Suntory for a short period, from 1996 to 1999. By the end of the decade, Highland Distillers became the object for take-over and the company finally agreed to be acquired by the Edrington Group, a privately-owned Scotch company. After Highland disappeared into the folds of the Edrington Groups, The Macallan emerges as one of their core brands. The company move The Macallan to take its place as the next best single malt whisky in the industry by releasing new labels such as the 15-Year old and the 30-Year old. In 2000, the release of a 50-Year old took the industry by storm.
The Macallan continues to climb the fame ladder in the next 10 years, releasing more rare single malt. In 2001, The Macallan 10-Year old was selected as the official Scotch of the Speaker of the House of Commons, the presiding officer of the United Kingdom lower chamber of Parliament. Since then, the prices of various bottles from The Macallan continue to rise. In 2007, a bottle of 1926 The Macallan was sold for USD$54,000 at an auction. In 2010, a bottle of The Macallan 64-Year old single malt in a one of a kind crystal decanter was sold for USD$460,000 in an auction in New York. The creme of the crop, however, was The Macallan M, which was sold for a whooping USD$628,205 in an auction in Hong Kong in 2014.
The Macallan was embroiled in a controversy in 2003 and 2004 when it was revealed that laboratory testings of antique whiskies purchased for their own collection at the distillery were fakes. In the final test, it was determined that at least 11 bottles of the whiskies in The Macallan distillery were fakes. That revelation resulted in the decision that The Macallan will no longer sell any of their antique bottles from the distillery.
Exciting times ahead in 2018! This is yet another whisky fair that will be held in 2018. It has the reputation of being the biggest whisky fair that you can ever find in Europe, and generally, hosts exhibitors of various brands, independent bottlers, retailers, importers and rarities retailers. For most whisky lovers in Europe, this annual whisky fair is a must-go event because of the sheer number of exhibitors and rare bottling that one can find over there.
For us in Asia, it is much harder to go for every single event held in Europe, so we tend to pick and choose. As this is one of the biggest whisky fair ever, we would say that if you only have budget for one trip, make it this trip!
There will be a lot of people thronging through tight and small alleyways in an event of this scale, so it is important to know if the organisers are able to host well-organised events. The organisers behind WhiskyFair have been doing this for the past 16 years, gathering tons of experiences in handling huge crowds to make every event better than the last one.
We are just so excited when we see the list of distilleries that will be exhibiting in WhiskyFair 2018. Up till today (8 Aug), there is a total of 39 distilleries (42 brands) that will be heading to Limburg in April next year! Out of this impressive list, we spy big names such as The Dalmore, Glengoyne, The Amrut, Arran, amongst others. You can find the whole list here.
Wow, the list is probably more impressive here! We see big names here too, like Cadenheads and Maltbarn, both of which were featured previously in Whisky Butler’s curation. Douglas Laing, the creator of the famous Big Peat, will also be making an appearance in Limburg.
If you are a collector of whiskies and interested to find more, you should really head to Limburg next April. There are a bunch of rare whiskies retailers who will be more than happy to share their loots with you! Giovanni Giuliani, a famous Italian collector will be there to share his experience. He would probably be selling some of his rare collections too. There are other rare whisky sellers such as Lion’s Whisky and Whiskey Antique that will be sharing their loots. Check out the whole list here.
As whisky lovers, this event is one which we must experience at least once in our lifetime so that we can fulfil our thirst for great whiskies. The expected crowd, the jolly atmosphere and the headiness of drinking will definitely put you in a great mood for exploration. There are so many things to see and do in Limburg, and travellers can explore the rest of Germany too. Oh, and we cannot miss pointing out the friendships that will be forge and the memories that will last forever!
If you are interested to find out more, you can visit the official website here. There is one cautionary note though – the hotels might be fully booked! So book now if you are really keen to go!
If you are planning to attend whisky events in 2018, here’s one which you can start making plans for. The Spirit of Speyside Whisky Festival is going to be held from 3 to 7 May 2018 in Speyside, Scotland. This iconic whisky festival is one of its kind where the distilleries in Speyside will be open to visitors through special booking tours. The difficult to reach distilleries will also be accessible during this period as buses will be deployed to ply two different routes to the various distilleries located along the river Spey.
Speyside plays host to more than half of all distilleries in Scotland. With the highest concentration of malt whisky producers located in Speyside, you can expect a wide variety of whiskies in the region. We can broadly classify Speyside whiskies into two camps – the light, grassy “lunchtime” whiskies such as Glenlivet, and the rich and flavourful sherry whiskies of Macallan. While not all whiskies in Speyside fall into either one of the categories, most of the whiskies produced in this region can be loosely classified as such.
The map above shows all the whisky distilleries in Speyside and where each of them are located. The map has also marked out the key routes that you can take if you are driving, as well as the route that the buses will be plying if you intend to make use of the buses. On top of that, the Spirit of Speyside whisky festival will also be engaging local taxi companies to fetch visitors to distilleries that are not on the bus routes. If you have budget to spare and want to have a customised whisky distillery tour to your favourite distilleries, you can even engage local private hire companies to bring you for a first class experience!
Accommodation in Speyside is not a problem due to its large number of accommodations. You can choose to stay in quaint little cottages, historic hotels, beautiful castles turned hotels, quirky DIY hotels, B&Bs or even camp in the great outdoors. A world class experience awaits you regardless of the type of accommodation you choose.
Food is just as important as the whiskies in Speyside, and visitors can expect a great variety of cuisines made with the best ingredients that are home-grown in Scotland. You can choose from fine-dining to rustic bites from the list here but we will recommend that you do your own research for more food options.
Well, visitors from Singapore and Asia in general are not going to travel all the way to Speyside and stay for just that few days, aren’t we? There are more to explore in Speyside besides first-class whiskies. For the nature lovers, there are beautiful beaches, hiking, kayaking down the River Spey and mountain biking on famous trails. For the shopaholics, Speyside has a great shopping culture that involves exploring beautiful towns and quaint little villages for the best buys in Scotland.
The easiest way for Singaporeans and people living in Asia is to fly to either Glasgow Airport or Edinburgh Airport before making your way to Speyside. Access to Speyside can be by air – flying to Inverness Airport or Aberdeen International Airport. Once there, you can easily navigate by taxi, bus or private hire car as mentioned above.
If you are keen to take in the beauty of the countryside, the best way to travel to Speyside is to by rail, bus or car from Edinburgh or Glasgow. You can check out ScotRail, Scotland’s National Railway, for the time table and prices. Citylink bus service provides safe passage from Edinburgh or Glasgow to Inverness and Aberdeen as well. If you prefer to travel in style, rent a car from Edinburgh or Glasgow and drive down to Speyside in your own leisure.
We hope that this article have given you enough information to start planning your trip to Scotland! The research has certainly pip our curiosity to head down to Scotland next May! Happy planning!
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