Founded in 1840, although it seems that a first illegal distillery was operating around 1773 (other sources speak of 1790) by two Stark brothers, by James Rankine. He decided not to immediately build a malting plant but to use those of the nearby Camelon distillery. In 1861 he expanded Rosebank and bought Camelon. In 1914 she was one of the first to found SMD (Scottish Malt Distillers) together with Glenkinchie, Saint Magdalene (1798-1983), Clydesdale (1825-1919) and Grange (1773-1927). It became part of DCL in 1919 and then moved to United Distillers in 1986. Closed in 1993 and sold to the British Waterways Board in 2002, preparations are already underway for its reopening in 2020.

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