This is a 1980s example of Whyte & Mackay's Old Fettercairn single malt, launched in the 1970s after a popular response to their initial Fettercairn 575 and 875 releases, particularly in Italy. This distillery bottling was joined by a 10 year old as the core range. 

Fettercairn distillery was built in 1825 and aside from a brief period in mothballs in the 1930s, has been in operation ever since. It was re-opened from that closure in 1939 by Associated Scottish Distilleries, the Scotch arm of the post-Prohibition drinks giant in the US, National Distillers. When ASD ceased trading in 1954 the distillery passed through various hands before being bought by Whyte & Mackay in 1973. Despite being an important contributor to their blends, they also pushed Fettercairn as a single malt brand, known as "Old Fettercairn" until 2002 when the prefix was dropped.