Inchgower Distillery is located on the outskirts of the fishing port of Buckie. The distillery was built in 1871 by Alexander Wilson & Company to replace their Tochineal Distillery (which was too small and where the landlord had doubled the rent). The equipment from Tochineal was moved to the new distillery. Wilson & Company operated Inchgower until the company went bankrupt in 1936, when the distillery and house were purchased by Buckie Town Council for £1,600. Two years later, the distillery was sold to Arthur Bell & Sons for £3,000. Bell was acquired by Guinness in 1985, which in turn acquired D.C.L. in 1987, bringing Inchgower under Diageo ownership. Inchgower closed for 16 weeks in 2012 for upgrade and renovation works. Following this, operating 51 weeks per year increased its pure alcohol production capacity from 1.9 million liters to 3.2 million liters per annum.

Inchgower is the third distillery owned by Bell's, with the other two being Blair Athol and Dufftown. It was purchased by company chairman Arthur Kinmond Bell and his eldest son. Arthur Kinmond was a renowned philanthropist who, in the 1930s, built 150 high-quality houses and provided them at low cost to Perth's poor and unemployed. He passed away in 1942, four years after acquiring Inchgower. The Perthshire Advertiser called him Perth's 'greatest benefactor of all time.' The distillery supplies the base whisky for Bell's blend. As the brand's popularity grew, the distillery expanded to four stills in 1966—a rushed expansion that ultimately compromised product quality. Since 1979, Bell's has remained the best-selling Scotch whisky in the UK, a position it still holds today.