According to The Scotsman, the family-owned Loch Lomond Distillery has been put up for sale by owner Sandy Bulloch.

The paper’s sources indicate Bulloch has been working with HSBC to find a buyer for the company, which also owns the Glen Scotia Distillery in Campbeltown and the Glen Catrine bottling plant. The report indicates a buyer may already be in place and looking to bring on board additional investors.

Loch Lomond did not respond to requests for comment on the report. The Bulloch family bought the Loch Lomond malt distillery in 1985 and established a grain distillery at the site in 1993. It reopened Glen Scotia in 1999.