Wild Atlantic Distillery

Wild Atlantic are a family-owned distillery, part of the new wave of independent, traditional and craft distilleries in Ireland, reviving Irish Whiskey production in Derry after 100 years. With sales forecasted to double by 2030 in the US, Wild Atlantic now seeks funds to double the production of its Irish Whiskey.

Print
Min Investment
$5
Location
United Kingdom
Target Raise
£150.00K
No. Investors
83
Valuation
£4,600,000

Company Description

Wild Atlantic Distillery is an Award-Winning Whiskey, Gin and Vodka Distillery based in Co Tyrone and draws its inspiration from Ireland’s stunning coastline and the Wild Atlantic Way. In 2018, Brian Ash and Jim Nash, brothers-in-law, and co-founders, started with a 25 litre still in the garden shed and began experimenting on producing their first product, Wild Atlantic Irish Gin., In February 2020, we opened our distillery and in 2021, we won Gold at the World Gin Awards for Best Northern Irish contemporary gin and shortlisted for Best in the World with our Wild Atlantic Irish Gin. We also launched our Wild Atlantic Amalfi Lemon Irish Vodka, which won 2 Bronze at the IWSC in San Francisco in 2021., In 2021, we were proudly one of the first to bring Irish Whiskey Production back to the Derry/ Strabane District in the North-West for the 1st time in 100 years. Sales grew in volume by 20x from Year 1 to Year 2 (YE Feb '21) to £150k (P&L £29,641)., Irish Whiskey is the world’s fastest growing spirits category of the past decade, growing volumes by 140% (CAGR of 9.1%). Global sales of Irish Whiskey grew from 60 million bottles in 2010 to 144m bottles in January 2020. We're aiming to take advantage of continued predicted growth., With this raise we aim to double the current production of Irish Whiskey at our purpose-built distillery and develop the demand for our Award-Winning Gin and Vodka.

Key Deal Facts

Sales grew in volume by 20x from Year 1 to Year 2, Gold at World Gin Awards, 2 Bronze for Vodka at San Francisco 2021, Irish Whiskey is the world’s fastest-growing spirit, > Scotch by 2030 in US, Partners engaged to negotiate listings with retail chains in UK & Ireland
Amount Raised : £116,371
Reveal the Score by Voting
_
Not enough ratings to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments