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Lakes Distillery’s £1.25 million expansion bid revealed

by Cumbria Crack
01/03/2022
in Business, Latest
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The Lakes Distillery

Lakes Distillery wants to raise £1.25 million in 30 days to help it expand.

The distillery, at Setmurthy near Bassenthwaite, is launching an online campaign for people to donate to so it can increase production of its award-winning Lakes Single Malt Whisky.

It has so far raised £683,357.

Following a two-year expansion project to triple spirit-making capacity and grow the cask warehousing footprint at the distillery, the Lake District whiskymaker is poised to increase the amount of single malt spirit they lay down and mature into future stock.

Working with distributors in China, Japan, Singapore, and across Europe, the distillery plans to launch into some of the biggest whisky markets in the world.

Nigel Mills, co-founder and CEO at The Lakes Distillery, said: “We are part of a dynamic and growing whisky market, where the consumer is actively seeking out new and quality taste experiences from around the world.

“At The Lakes, everything we do is focused on creating exceptional flavours and delivering a quality experience, and I genuinely believe we have the right people and are in the right place at the right time to scale our business globally. This is an opportunity for people to join us on that journey.”

On a mission to make one of the finest sherry matured single malt whiskies in the world, The Lakes Distillery has raised and invested over £30 million since it was founded in 2011, including £1.7m from a Crowdcube fundraise in 2017.

For more information, visit www.Crowdcube.com/TheLakes

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