Despite the specific nature of the word ‘Scotch’, the Scotch whisky industry is one with international tendrils. In order to be called Scotch whisky, the distilled spirit has to mature in oak casks for at least three years, with the vast majority of those casks sourced from the USA. Stateside regulations demand that whiskey be matured in a new cask, which leads to a large number of second-hand casks going spare, and the Scotch industry has based its strategy around this continuous supply.
This year, Diageo, the largest drinks company in the world, and Brown-Forman, owner of Jack Daniel’s, have...
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