RE: Malt whisky6 Apr 2022 12:39
I took it DIS was just going to release a blended malt, not a single malt.
A blended can be released a lot quicker, as the malts are in the barrels and already aged, just take some of each and blend them, bottle it, brand it and sell it.
As per the first Ardgowan RNS:
"Within the Manufacturing Agreement (see below) Ardgowan will assist, through their Whisky Distiller, the sourcing and crafting of blended malts purchased in cask from third party distilleries. These whiskies will be branded, owned and marketed by Distil and sold through the Company's own distribution network."
It goes on to say:
"Malt whisky is an attractive high value, high margin, high growth category. Opportunities for the joint development of future malt whisky products will be explored enabling Distil to further broaden its brand portfolio once Ardgowan whisky stock has sufficiently aged (minimum of three years). Distil expects to launch a range of Distil branded premium malt whiskies in 2021/22"