Parkmore was an elegant and compact distillery designed by Charles Doig in the typical 1890s style, and was the fifth distillery built in Dufftown. The project was driven by James Watson & Company, a famous blending house in Dundee (established in 1815, owning Ord and Pulteney distilleries, as well as the blended whisky brand Baxter's Barley Bree), which acquired full ownership of the distillery in 1900. In 1923, Watson was acquired by Buchanan-Dewar and John Walker & Sons. Dewar's obtained the distillery, while the 8 million gallons of mature stock were split equally between the two companies. This stock was described as "one of the most important stocks of old whisky in the UK." These three companies (including Watson) all joined D.C.L. in 1925. In 1930, Parkmore was placed under S.M.D. management and closed in 1931. The site was licensed to Daniel Crawford & Son Ltd—a very small D.C.L. subsidiary—as a warehouse and storage facility. In 1988, it was sold to Highland Distillers (now Edrington Group) for the same purpose.