Sell-out success and £6m investment for Glasgow Distillery

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Sell-out success and £6m investment for Glasgow Distillery

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The Glasgow Distillery Company, the first independent single malt distillery to open in the city since 1902, has sold out of its first ever single-malt whisky release after phenomenally high demand.

The release has sparked international interest, with applications to the online purchase ballot coming in from as far afield as Hong Kong, Australia, North America and Japan as well as huge interest closer to home.

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It comes at an exciting time for The Glasgow Distillery Company, which recently secured £6 million in investment from its private investors and the Clydesdale Bank. The boost has allowed the team to order more stills and invest in other areas of the business which will ultimately see the distillery double its whisky production in 2019 to 1 million bottles per annum.

Launched in March, the ballot was quickly oversubscribed and the decision was taken to both close it early and to limit purchases to a single bottle per-person, in an attempt to give as many people as possible the chance to own a piece of history.

With only 5,000 bottles of the first release existing globally, successful applicants for 1770 Glasgow Single Malt Scotch Whisky were contacted on closure of the ballot and product was sold out within days.

Liam Hughes, CEO and co-founder of The Glasgow Distillery Company said:“We couldn’t be more thrilled at the reception our first single-malt whisky has received.

“We have been blown away by the demand generated, and in the end, we had to limit the bottles to one per-person to try and ensure as many people as possible got their chance to buy our inaugural release. We know some people didn’t manage to get their hands on the bottle, but our 2019 releases will be along soon with our second unpeated release and our first peated release already planned in.”

By |2018-06-12T18:15:24+00:00June 12th, 2018|Business News, Food & Drink, Funding, Glasgow, Growth, National|Comments Off on Sell-out success and £6m investment for Glasgow Distillery

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