Destilerías y Crianza del Whisky S.A. (or Whisky DYC) is a Spanish company formed by businessman in 1958. It is currently a subsidiary of Beam Suntory. The first distillery, built in Palazuelos de Eresma in Segovia, began operation in February 1959. In March 1963, it started to produce Whisky DYC, the first Spanish whisky. The initial production of one million liters per year climbed to twenty million per year in the 1980s. The distillery is still capable of producing this much whisky, but recently output has only been a fraction of its capacity. DYC has five labels of whiskey.