Simpsons Malt, the fifth-generation, family-owned malting company, has entered into an agreement to acquire 40 acres of land in Speyside, Scotland, where it intends to build a state-of-the-art maltings with malting barley storage facilities, subject to planning and due diligence.
The land is situated near the town of Rothes, ten miles south of Elgin, in a region that is world-famous for its Scotch whisky distilleries – many of whom use the company’s malts in their whiskies.
The construction of a new maltings near Rothes would expand the largest independent UK maltster’s number of sites in the country to three, with its other maltings in Berwick-upon-Tweed, Northumberland – where the company’s headquarters is located – and Tivetshall St Margaret, Norfolk.
Speaking about the land purchase, Simpsons Malt Managing Director Tim McCreath, right, said: “I am delighted to announce that we have entered into this agreement, which aligns with the company’s long-term strategic objectives.
“Having a maltings and malting barley storage facility in Speyside is something we have given serious thought to for a number of years and, subject to planning and due diligence, we will begin construction when the time is right and demand is there from our customers.”