has also been granted planning permission to create a new distillery in Bathgate, West Lothian.
Glenmorangie's parent company
wants to move away from the bottling and sale of blended Scotch and focus on malts - Glenmorangie and Ardbeg - for the international market. Its £45 million reorganisation plan includes relocating its head office to Edinburgh and investments in its Tain distillery.
The company has owned Glen Moray since 1920. Chief executive Paul Neep said: "We believe that La Martiniquaise will provide an excellent home for the distillery, the brand and its employees and they will continue to develop and expand the Glen Moray brand."
It is expected that all the existing employees will transfer to the new owners as part of the sale agreement.