One of Scotland’s most famous distillers, the West Lothian-based Glenmorangie group, has been put up for sale. The 300-year-old company, which employs almost 400 staff, has been put on the market by its owners, the Edinburgh-based Macdonald family. The Glenmorangie brand, which represents the most popular malt in the domestic market, will render the company an attractive proposition. City analysts value the company at up to £300m.