Murray McDavid was established in 1996 by Mark Reynier, Simon Coughlin, and Gordon Wright (who had previously been a director at Springbank Distillery).
[1] Less than a year later, Rémy Cointreau announced that, while the Bruichladdich brand and distillery had been retained, the other business of Murray McDavid had been sold to UK-based Scotch whisky suppliers Aceo Limited,[2] with the director of Aceo Ltd, Edward Odim, saying "Our intention is to continue the legacy of Murray McDavid by staying true to its founders' vision and principles such as bottling carefully selected single malts without chill-filtering or adding color and continuing and developing the tradition of ACE-ing our whiskies".
For example, a whisky can undergo a several-year maturation in an ex-bourbon cask, after which it is transferred to an ex-wine (ex-sherry, ex-madeira, ex-rum, etc.)
More recently, they have been using, among others, fresh, first-fill ex-bourbon casks to 'enhance' (or finish) their whiskies, notably from the Koval Distillery in Chicago.
Murray McDavid is currently based at the disused Coleburn Distillery in the Scotch whisky-producing region of Speyside, where a lot of its casked whiskies mature under bond in a traditional, dunnage warehouse.