Port Dundas Fact Sheet
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PORT DUNDAS FACT SHEET UNIT 2 SQUARE RIGGER ROW, [email protected] PLANTATION WHARF, BATTERSEA SW11 3TZ +44 20 3475 2553 "Closed 2011 soaring in valUe faster than any P O R T D U N D A S S T O R Y other closed or open distillery. Only closed dUe to a shared internal deal between the monsters Situated at the highest point in the city of Glasgow, Diageo & Edrington (Macallan) to centralise grain built in 1811 at its prime Port Dundas was the largest prodUction" distillery in Scotland, known as the blending powerhouse - Elite Wine & Whisky of Scotland. Port Dundas was one of the founding members of the grain distillers’ conglomerate DCL. Port Dundas later went on to merge with its neighbouring distillery, Cowlairs and another one in 1902, Dundashill. Port Dundas produced grain whisky for many blended whisky brands owned by Diageo such as, Johnnie Walker, J&B, Bell's, Black & White, Vat 69, Haig and White Horse. The site would produce an astonishing 39 million litres of spirit each year before it was shut indefinitely. Sadly after a century of distilling, in 2010 Diageo made the decision to focus their efforts on grain production and expaned Cameronbridge side, and in 2011 production ceased and the site was demolished. Old bottlings can still be found, however, making this whisky rare and special. T I M E L I N E 1811: Port Dundas is founded next to the Forth & 1903 The Distillery catches fire Clyde Canal 1914: The distillery is rebuilt with drum maltings c1832: A Coffey still is installed 1916: Another fire occurs at the distillery 1860: Port Dundas merges with the neighbouring Cowlairs distillery 1966: Port Dundas joins Scottish Grain Distillers 1877:The distillery becomes a member of DCL 1970 - 1977: An extensive expansion and modernisation project is underway c1880s: Port Dundas is by now the largest distillery in Scotland 2011: The distiller is finally closed as owner Diageo's focus shifts to Cameronbridge 1902:Dundashill distillery site is absorbed into Port Dundas Y R O T HE S T CASK STORAGE • 1 0 0 % I N D I V I D U A L O W N E R S H I P • S T O R E D I N S E C U R E , H M R C R A T E O F R E T U R N A P P R O V E D B O N D E D W A R E H O U S E S At auction a 19 year old - 200th Anniversary edition sold for £450 • F U L L Y I N S U R E D F O R F I R E , T H E F T A N D D A M A G E Soaring in value faster than any other closed or open distillery. Only closed due to a shared internal deal • E X E M P T F R O M between the monsters Diageo & Edrington (Macallan) C G T ( C A P I T A L to centralise grain production. Closed because it was G A I N S T A X also in an unfashionable part of Glasgow but, boy is it in fashion now. Port Dundas equals Profit. Think of every other closed distillery and the ever increasing costs per bottle. With supplies from closed distilleries constantly diminishing, the romance and rarity value of these £199,99 spirits has attracted a loyal following from a growing group of collectors and drinkers. PORT DUNDAS SINGLE GRAIN SCOTCH WHISKY, What is special about 'ghost distilleries' is that these 75CL, 40% ABV whiskies simply can never be made again, that's what makes them so special and rare. There is only a limited amount of stock and one day it will all be gone. A bottle of 23 year old Port Dundas 1996 retails at £120 £120. PORT DUNDAS 1996 Based on the above, if you were to hold your cask for 23 YEAR OLD SIGNATORY 70CL / 59.3% 23 years, rather than 10, the return will be considerably more. £450 PORT DUNDAS 19 YEAR OLD - 200TH ANNIVERSARY LIMITED EDITION - 70CL 43% TYPES OF CASKS T H E R E A R E N U M E R O U S T Y P E S O F C A S K S T H A T W H I S K Y C A N B E M A T U R E D I N , B O U R B O N H O G S H E A D Bourbon barrel go through toasting and charring Hogsheads are typically also made from American white oak, and indeed are often built prior to Bourbon being added, they are made of from staves originally taken from bourbon American White Oak. Bourbon barrels are the most barrels. What makes Hogsheads different is common cask used for Scotch whisky due to supply the large size meaning that there is less and demand. By law bourbon must be aged in new interaction with the wood than in smaller casks, meaning that after their first use they are casks, allowing a slightly longer period for generally surplus to requirements. maturation. S H E R R Y D O U B L E O A K Sherry casks are a speciality and are very popular yet Two different types of oak barrel are used for very expensive (up to 10 times the cost of a bourbon Double Oak casks. The first is a regular Bourbon barrel usually). The sherry industry avoids using new oak, barrel that’s toasted and charred in the normal and most of the casks used in Solera are at least ten manner. The second barrel is more heavily years old. Sherry casks are flavoured with wine prior to being used for Sherry. Sherry gets its flavour through an toasted and lightly charred more than the first. array of ageing methods. For example, oloroso has This allows more of the cask wood sugars to contact with air, which contributes to the fruity and nutty caramelise, giving the Whisky hints of vanilla and flavours, while fino is protected from the air by a layer of sweet notes. yeast, also known as flor, and this keeps the sherry light and crisp. W H I S K Y M A R K E T O V E R V I E W W Whisky is now produced the world over and demand is TOP TEN DISTILLERIES AVERAGE significantly out-stripping supply. It has become a ANNUAL CAPITAL GROWTH E I £4.2 billion in Scotland and worth multiple billions globally. There is no doubt the whisky revolution is V here to stay and for that reason is an excellent opportunity to invest in. R Although there are around 20 million casks of whisky E aging in warehouses in Scotland alone most of these V will go towards blended whisky, which is why owning a cask of single malt is a great investment now. O Scotch Whisky accounts for 79% of all spirits T exported from the UK. In 2017, UK E companies added £449 million to the value of the spirits export from the UK. Almost K 80% of this growth was the result of an additional £359 million of Scotch Whisky. R Average annual growth of distilleries in 2020 A were noted to all be positive; thus demonstrating vast potential of the asset. M.