Aberfeldy Distillery
Founded in 1898 by the Dewar brothers, Aberfeldy Distillery draws its water from the pure Pitilie Burn and continues to craft exceptional Scotch whisky in the heart of the Highlands.

Distillery key information
| Location | Highland, Scotland, UK |
|---|---|
| Established | 1898 |
| Owner | John Dewar & Sons Ltd |
| Number of Stills | 2 wash, 2 spirit |
| Visitor Centre | Yes |
| Status | Active |
| Website | https://aberfeldy.com |

About Aberfeldy Distillery
Founded in 1896 by John Dewar & Sons, Aberfeldy Distillery is situated on the eastern outskirts of Aberfeldy, Perthshire, Scotland, near the River Tay, in the heart of the Highlands. Construction was completed in 1898, marking the start of production and, since 1998, the distillery has been owned by Bacardi through its subsidiary John Dewar & Sons. Renowned for its smooth, honeyed single malts, Aberfeldy produces whiskies with distinctive notes of heather, vanilla, orchard fruit and subtle spice, making it a standout in the Highland whisky category.
The distillery operates with an annual production capacity of 3.4 million litres, utilising four wash stills and four spirit stills, alongside traditional wooden washbacks, to maintain its signature profile.
Brand reputation and market presence
Aberfeldy is celebrated for its elegant Highland character, delivering a creamy texture and a complex flavour profile that balances honeyed sweetness with notes of apple, pear and gentle spice, derived from its prolonged fermentation process. Its core range comprises 12-, 16- and 21-year-old expressions, with additional variety from finishes such as the 15-year-old Madeira cask in the Exceptional Cask series. Limited-edition releases, including cask-strength and single-cask bottlings, are highly sought after by collectors for their rarity and depth, often fetching premium prices at auction.
Distributed to over 170 countries, Aberfeldy benefits from Bacardi’s sophisticated marketing and distribution infrastructure, ensuring strong visibility in global markets. The distillery is open to the public year-round, with its state-of-the-art Dewar’s World of Whisky visitor centre attracting thousands of visitors annually.
Investment potential
Aberfeldy presents a compelling opportunity for investors in the premium whisky market, supported by Bacardi’s financial stability and the distillery’s limited single malt output. VCL clients who sold their Aberfeldy casks between 2020 and 2025 achieved an average annualised return of 17.99%, reflecting strong performance in the premium whisky market.
With the majority of Aberfeldy’s 3.4 million-litre production dedicated to Dewar’s blends, single malt casks are scarce, increasing their collectability and value on the secondary market. Aberfeldy casks are notably more affordable than those from ultra-premium distilleries like Macallan or Glenfiddich, making them accessible to a broader range of investors, from individuals to institutional buyers. Limited releases, such as single-cask bottlings or the Exceptional Cask series, drive significant demand due to their rarity and unique flavour profiles. Bacardi’s strategic investments, including the 2024 completion of three new aging warehouses at its 200-acre Poniel blending and maturation centre in Glasgow, which increased maturation capacity by over 15%, further support Aberfeldy’s long-term growth prospects.
Financial performance
As part of Bacardi’s portfolio, Aberfeldy’s financials are not separately disclosed but contribute to the company’s Scotch whisky revenue, alongside single malts and Dewar’s blends. Bacardi’s 2024 warehouse expansion, increasing capacity by over 15%, enhances maturation capabilities for its portfolio, including Aberfeldy, ensuring a steady supply of aged stock to meet future demand. Like other whiskies in Bacardi’s portfolio, Aberfeldy’s premium pricing underpins its profitability, with limited editions commanding even higher prices. Bacardi’s sustainability initiatives, including energy-efficient technologies and reduced carbon emissions at its facilities, align with market trends, enhancing Aberfeldy’s appeal to environmentally conscious investors and consumers.
Investment summary
Aberfeldy Distillery combines Highland heritage with smooth, honeyed single malts, offering robust investment potential. Its limited single malt output, award-winning expressions and Bacardi’s global distribution network drive appeal for both enthusiasts and investors. Its average annualised returns just shy of 18%, coupled with strong growth in the rare whisky sector, underscore Aberfeldy’s collectability. Supported by Bacardi’s 2024 Poniel warehouse expansion and a strategic focus on premium spirits, Aberfeldy offers stability and growth. Its quality, scarcity and global demand, bolstered by a vibrant visitor centre and a reputation for excellence, position it as a reliable choice for investors seeking a premium whisky asset in a thriving market.
Available casks
Let's find the right casks for you.
Our team will guide you through every step, from strategy to exit.
Newsletter
Stay ahead of the market. Get access to exclusive offers, events, insights, and news straight to your inbox.

