Scotland, Northern Highlands. Distillery operational. Owners: LVMH, Diageo

Selling all of its shares (52% of the Glenmorangie PLC group) to the leading international luxury goods brand LVMH in 2004, the Macdonald family brought to an end over 80 years of work to develop the distillery and its brand.Like the distilleries that managed to maintain their independence throughout the 20th century, Glenmorangie was a true pioneer for many. Whether for the release of its malt in the 1920s, for producing bottlings upon request across the world, for doubling its production capacity in the middle of the crisis (1980) or for launching a research programme looking into oak and its properties (Wood Finishes), Glenmorangie has always benefited from its owners long-term vision and sharp business acumen. In October 2004, The Glenmorangie swapped its tweed jacket and corduroy trousers for a bespoke three-piece suit. Decked out in its new attire, it entered the world of private collections, revealing an authentic, haute couture malt.

A Glenmorangie distilled in 2005 and matured for 15 years in a first-fill Pedro Ximenez cask. This is a limited edition of 187 bottles for the Scotch Malt Whisky Society. The Scotch Malt Whisky Society (SMWS) was founded in Edinburgh in 1983 by a group of friends with a particular passion for whisky. The club selects casks whose bottles are then only available to members. The name of the distillery is not mentioned on the label but each distillery is given a number as the malt is bottled. The first cask selected by the SMWS, for example, was Glenfarclas, and it therefore uses the number 1. The second number refers to the number of bottlings from each distillery. The club was sold to Glenmorangie in 2004 and then to a group of investors in 2016.