The Braeval distillery (formerly known as Braes of Glenlivet) was one of the youngest distilleries in Scotland at the end of the 20th century. It was built in 1973 and 1974 by Chivas. When Pernod Ricard bought the distillery in 2001, they didn’t waste any time and promptly mothballed it in 2002, together with Allt A' Bhainne, Benriach, (later revived by Billy Walker & friends), Caperdonich and Glen Keith.
For one thing, the Chivas company was still part of the Seagram's conglomerate in those days. New owners can not always rely on existing stocks.
Fortunately, Braeval distillery resumed production on July 11, 2008. In 1975, two stills were added to the existing three and one more still was installed in 1978 - bringing the grand total to six. Braeval now has two wash stills with internal condensers (capacity 22,000 litres)
and four 'Milton Ball' spirit stills (capacity 10,000 litres), all heated via steam.
Braes of Glenlivet was never officially released as a single malt. The same goes for Braeval. Just like Allt A'Bhainne, the distillery was designed with 'volume' production for blends like Chivas Regal, Passport & 100 Pipers in mind. I doubt if the 'recipe' for these blends is the same as in 1974 though...
When the ownership of a company changes, the deal does not always include the maturing whisky stocks. In that case the new owners have to work with a brand new 'portfolio' of malt whiskies. Some distilleries that contributed to the ‘recipe’ could now be owned by competitors unwilling to sell or trade - while other distilleries could have been mothballed or closed all together.
So, if you EVER spot an OFFICIAL bottling of Braeval or Braes of Glenlivet malt whisky at any online auction/re sellers sites, it's PROBABLY A FAKE.
And even independent bottlings are hard to find.
Braeval has many similarities with its 'sister' distillery Allt A'Bhainne - both were built as efficient plants in the 1970's by the owners of Chivas Brothers (Seagram's at the time), bought and closed by Pernod in the early years of the third millennium and re-opened a few years later. Oddly enough, the single malt from the Braes of Glenlivet distillery has always appealed more to me than that from Allt A'Bhainne - even though they're both 'mechanical'.