The Manchester-base drinks firm is finalising plans to develop a brand new 15,000 sq ft whisky distillery and customer attraction on the outskirts of Larger Manchester.
The brand new distillery, which might be developed over the following three years, coincides with the its portfolio diversification because it turns into the forty first English whisky distillery within the UK with the launch of its OnePointSix English Whisky, casked this July.
The brand new website will support the manufacturing of 500,000 bottles of OnePointSix whisky per 12 months, and can considerably support UK and worldwide distribution growing revenues by a forecasted 300%, it stated.
Funding alternatives
The corporate, which was based in 2016, at the moment has a £1m distillery in Watson Road, Manchester, which is able to producing over 1,000,000 bottles a 12 months of its spirits, which embrace One-Eyed Insurgent Spiced Rum, Forty-5 Vermouth and Manchester Gin.
The distillery may even launch a Founders Membership membership scheme and funding alternatives to permit personal particular person buyers within the collectibles market to spend money on full or quarter whisky casks.
“We’re in search of buyers who share our ardour for the English premium spirits market, and who will help us unlock the potential of the model fairness we’ve got developed over the previous six years,” stated co-founder Jen Heeley-Wiggins.
Export success
“Our portfolio is likely one of the most awarded within the UK premium spirits sector, and mixed with our clear exporting successes, we’ve got developed a robust and viable enterprise mannequin which is ripe for enlargement.”
She stated it was a “pivotal second” for the enterprise and stated it was the correct time to deliver exterior investor experience on board.
The portfolio enlargement marks an accelerated interval of development for the distillery. Earlier this 12 months, the corporate introduced a 200% enhance in export gross sales for 2022, having signed new partnership offers in South America and throughout Northern Europe for its Manchester Gin vary.
The corporate reported a seven-figure turnover for 2021.
