Malt whisky and gin maker plans £5 million expansion
By Andrew Merrell | 5th December 2019
A Cotswold-based producer of malt whisky and gin is seeking to raise up to £5 million to fuel its expansion plans.
The investment drive by The Cotswolds Distillery will follow on from a previous fundraising campaign in 2018 which saw investors pour £3 million into the business.
Funds raised then in the fledgling company were put into building the business, brand and senior management team.
Now selling its wares in 36 countries the distillery's ambitions remain, and it has announced a new round of equity fundraising hoping to net another £1 million towards its target.
'I started this company over six years ago out of love and passion for a product, a process and a place," said founder, chief executive officer and New York-born, Dan Szor.
"I believe our growing and increasingly visible brand, coupled with our great team and strong capital base, will make the next five years even more exciting and rewarding for our investors than the five past years have been. I hope you will join us on this incredibly exciting journey."
According to the firm it will use proceeds to expand its range of whiskies, which it hopes will be met with the same enthusiasm as for its flagship Single Malt Whisky, Lord Mayors Reserves and Founder's Choice.
Cotswold Distillery said it had enjoyed a "significant growth rate" since 2017.
The investment round will run until Monday, January 13th. Minimum investment is £1,000.
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