A former brewery, Glen Moray was converted into a distillery in 1897 - at the beginning of a difficult time for the Scotch industry. The poor financial outlook for distilleries in the wake of the Pattison crash and increases in duty in the first decade of the new century dealt a fatal blow to the finances of the Glen Moray Glenlivet Distillery Company.
The distillery was closed for most of the period 1910–1923, when it re-opened under the control of Macdonald & Muir, owners of Glenmorangie, who had purchased it three years previously.
Macdonald & Muir remained in control of Glen Moray for over eighty years until 2004, when the group (now known as Glenmorangie plc and including the recently-purchased Ardbeg) was bought by the international luxury group Louis Vuitton – Moet Hennessy (LVMH). At this point, Glen Moray's future looked uncertain, as the distillery had always been a workhorse for Glenmorangie's blended products and cheap supermarket own label brands.
This clearly did not fit with the philosophy of the new owners, and few were surprised when in late 2008 it was announced that Glen Moray had been sold to the French company La Martiniquaise. It seems likely that the bulk of Glen Moray's output will now end up in the new owner's flagship Label 5 blended whisky, most prevalent in the Far East.