Berry Bros. & Rudd takes minority stake in The Cotswolds Distillery
Britain’s oldest wine and spirits merchant Berry Bros. & Rudd has announced that it has purchased a minority stake in The Cotswolds Distillery, a producer of super-premium spirits based in Stourton, Warwickshire.
According to the company, "The investment was part of the distillery’s successful 'Cotswolds 2.0' funding round, which also included existing and new private investors and is aimed at increasing production and sales of its Cotswolds Single Malt Whisky."
The investment from Berry Bros. & Rudd will fund the distillery’s sustainability plans, including the building of a bio-diverse wetlands ecological treatment system and related landscaping works. The distillery is a top tourist attraction in the Cotswolds and has an annual footfall of over 100,000 visitors to its visitor center and two satellite shops.
Cotswolds Distillery founder Daniel Szor said, “We could not be more delighted with the results of our funding round, in particular our new partnership with Berry Brothers who like us stand for excellence in fine spirits, as we further build our brand through increased national and international distribution.”
Emma Fox, CEO of Berry Bros. & Rudd, will join the board of Cotswolds Distillery.
“We are delighted to have partnered with Cotswolds Distillery," said Fox. "Their impressive growth has seen them become the best-selling English Whisky and a leading light in the fast-growing premium single malt category. We look forward to supporting and accelerating their international expansion and helping them maximize the growing global opportunity in New World Whisky. We’re also delighted that our investment will help boost their sustainability plans as this is an important part of our role in the industry to ensure we’re building a resilient and sustainable future for generations to come."
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