The London Distillery Co sets sights on expansion
The London Distillery Company is gearing up for expansion with plans for a larger London site to meet increased demand, as well as more space to lay down whisky.
The new site will also include an enhanced visitor experience, facilities to allow whisky maturation and finishing and also research and development space.
Alongside this, the company will take on at least ten new staff members, based in both the UK and overseas markets, while a number of non-executive directors have been appointed to assist in driving forward the expansion plans.
The news comes as the company reports several new deals to increase availability of its brands in Asia. It has also identified opportunities in India and the USA.
In the UK the company has renewed its long-term strategic partnership with West London’s Royal Botanical Gardens, Kew. The company forages seasonal botanicals from the gardens and distils them nearby, to produce Kew-branded organic spirits including gin, triple sec and vodka.
It also recently released The London Distillery Company Rye Whiskey LV-1767 Edition, which sold out in less than a month at £251 per bottle.
The distillery said it will continue to have a strong focus on NPD throughout 2019 following the success of products exclusive to Fortnum & Masons and the new Kew Temperate House Gin.
The London Distillery Company is in the process of raising up to £2.5 million and revenue is expected to exceed £6 million by 2022 as a result of its expansion plans.