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Ardbeg Distillery in Islay. Picture: BRAD JAPHE/BLOOMBERG
Ardbeg Distillery in Islay. Picture: BRAD JAPHE/BLOOMBERG

A cask of rare Scottish whisky dating back to 1975 has sold for a record £16m, the Financial Times reported.

Cask No 3, made by the Ardbeg distillery, was sold to a private Asian collector. Ardbeg, based on the Scottish island of Islay, is owned by Glenmorangie, a subsidiary of French luxury goods giant LVMH Moet Hennessy Louis Vuitton.

The distillery will draw about 88 bottles of whisky from the cask in each of the next five years and deliver them to the buyer. That is about £36,000 per bottle.

Scotch whisky has been enjoying a comeback as major producers create new varieties to compete with spirits such as tequila and gin.

Bloomberg News. More stories like this are available on bloomberg.com.

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