GlenAllachie gains £30m investment for global growth

Speyside distillery GlenAllachie has obtained a £30 million (US$38m) funding package to support its international expansion. The asset-based lending package is for a four-year period and came from Clydesdale Bank, with finance specialist HNH acting as an advisor. The money will be used to fund working capital and capital expenditure as the Scotch whisky distiller “continues to develop its brand around the world”. Based near Aberlour, The GlenAllachie Distillery is led by Billy Walker, former…

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