Distillery 25
A CELEBRATION OF THE HEBRIDEAN ISLE OF RAASAY:
ISLE OF RAASAY DISTILLERY REVEALS NEW LIMITED-EDITION WHISKY, FULLY MATURED IN EX-MANZANILLA CASKS
11th May 2023, London: The Isle of Raasay Distillery has unveiled a new limited-edition expression in celebration of winning the coveted Tourism Destination of the Year Award at the Scottish Whisky Awards 2022.
The new ‘Distillery Exclusive – Tourism Destination of the Year’ is inspired by the rugged yet beautiful windswept Isle of Raasay, with the team choosing a unique blend of sherry and ex-Manzanilla Pasada casks to achieve a salty maritime note within the whisky that encapsulates the island’s climate. Overall, this maturation process delivers a whisky which is lightly peated with notes of chamomile, almonds and salted caramel and has an ABV of 63.5%.
Co-founder and Master Distiller, Alasdair Day said: “The Isle of Raasay is a very small rugged, windswept Hebridean island that lies off the East coast of Skye. An island off an island. With all of our spirit being matured on Raasay in our warehouses there has been a lot of discussion about our maritime climate and how this may influence the flavour characteristics of our maturing whisky. It was with this thought in mind, combined with the tradition of maturing Scotch Whisky in sherry casks that we selected a small quantity of ex Manzanilla Pasada casks for our Isle of Raasay Single Malt to mature in.
“Manzanilla is a very dry sherry, similar to Fino, made in the same way but at the port of Sanlúcar de Barrameda next to the sea and not inland in Jerez. This results in a salty maritime note in Manzanilla which is not present in Fino sherry. It is this note that we were looking to promote in this very special release of our Isle of Raasay Hebridean Single Malt. It combines our maturation by the sea with the maritime influence of the Manzanilla sherry.”
Only 2,500 bottles of ‘Distillery Exclusive – Tourism Destination of the Year’ will be released which will be exclusively available to their online whisky club and at the Isle of Raasay Distillery from 17th May 2023 with a retail price of £95.
Latest News From GlenWyvis Distillery
GlenWyvis Distillery Releases Two New Bond Offers
GlenWyvis Distillery, a social enterprise which is 100% community owned and based in Dingwall in Ross-shire, Scotland, has released two new bond offers which will deliver a fixed annual interest rate of up to 6.25%.
The bond offers from GlenWyvis Distillery have been released to allow investors to capitalise on the Social Investment Tax Relief (SITR) which was extended by HMRC until 5th April 2023. These bonds will therefore be eligible for 30% tax relief (SITR), allowing holders who are UK taxpayers to offset a percentage of the purchase from their tax liability.
The bonds, Series B and Series C, will enable the GlenWyvis Distillery to raise £1.5 million which will be used to execute its long-term vision. Critical to the vision is the ability to increase spirit production and, in turn, increase the stockpile of maturing spirit to enable GlenWyvis Distillery to compete in an international market and satisfy demand for premium single malt Highland whisky bottled at 10 years old or more. GlenWyvis Distillery also aims to open a visitor centre and bottling plant.
The details of the bond offers are as follows:
Series B
This offer will attract a fixed annual interest rate of 5.5% over five to seven years.
Offered as unsecured loan notes in multiples of £1,000, interest will be paid every six months, and notes will be eligible for redemption in three tranches on the fifth, sixth and seventh anniversary of issue (2028-2030).
Series C
This offer will attract a fixed annual interest rate of 6.25% over eight to ten years.
Offered as unsecured loan notes in multiples of £1,000, interest will be paid every six months, and notes will be eligible for redemption in three tranches on the eighth, nineth and tenth anniversary of issue (2031-2033).
Speaking about the bond offers, David Graham, Chairman of GlenWyvis Distillery Community Benefit Society, said: “More than 3,000 like-minded people invested in GlenWyvis to create the first ever 100% community-owned distillery in 2016 and we are one of the largest registered community benefit societies in the United Kingdom.
“We have a clear vision and these bond offers will provide the capital required to execute the business plan to realise our ambition. Our previous bond offer in 2021 was extremely popular and I am confident that Series B and C offer a competitive investment opportunity, particularly if taken out before April 5th when the SITR comes to an end.”
The bond offers are only open to shareholders. However, interested potential investors are encouraged to consider becoming a member which can be done via an online application for a minimum shareholding of £250.
More details about the bond offer and becoming a member of GlenWyvis Distillery Community Benefit Society can be found at https://www.glenwyvis.com/investment/
In 2021, GlenWyvis Distillery launched Dingwall’s first whisky in almost a century with its inaugural three-year-old GlenWyvis Highland Single Malt Scotch Whisky. Its second release followed in 2022. The Distillery has also won industry awards for its GoodWill Gin.
This year, GlenWyvis Distillery Community Benefit Society launched the GoodWill Fund to benefit good causes in the local community. Funded by 5% of all online sales of GlenWyvis whisky and gin, £10,000 was made available for communities and organisations in Ross-shire to apply for. A further two rounds of funding will be launched throughout 2023, making a total of £30,000 available this year, with further funding rounds being launched each year.
New Malt Launch From GlenWyvis Distillery
GlenWyvis Distillery Launches Its Second Single Malt Scotch Whisky
GlenWyvis Distillery – The world’s first community-owned distillery – has announced the launch of its second three-year-old Highland Single Malt Scotch Whisky.
Batch two of the Dingwall-based distillery’s 2018 vintage distillation, known as Batch 02/18, follows the launch of its inaugural release whisky in December 2021 and will be available to purchase from 29th June 2022.
8,000 bottles will be available in total, and can be purchased directly from GlenWyvis Distillery’s website, with shareholders given early access, or from selected specialist retailers in Scotland and the UK. A number of bottles will also be available for purchase in Germany, where GlenWyvis Distillery’s largest non-UK shareholder base is.
Five per cent of online sales from GlenWyvis Distillery’s website will go directly to the GoodWill Fund; a fund that will benefit community projects and good causes in the Dingwall and Ross-shire area.
Speaking about the launch, Matthew Farmer, GlenWyvis Distillery Manager, said: “Following the success of our inaugural release – the first whisky produced in Dingwall for almost 100 years – I’m delighted to welcome batch two to the GlenWyvis Distillery family!
“Batch two was created from 23 casks between three and four years old, consisting of 15 first-fill ex-Tennessee/Bourbon, five first-fill ex-Oloroso and three refill Hogsheads. 02/18 has noticeably more oak influence and a deeper colour than our first whisky, while still letting our unique spirit shine through. I hope everyone enjoys getting to know our distillery character.”
GlenWyvis Distillery’s inaugural release whisky was in high demand, selling out via pre-order almost immediately. Since then, the small team has been working hard to deliver an equally sought-after second offering.
Board Chairman, David Graham added: “Congratulations to the team on the launch of GlenWyvis Batch Two Highland Single Malt Scotch Whisky! For such a small team at the distillery, they really punch above their weight, and I am very proud of what they have achieved.
“Dingwall is well and truly back on the whisky making map!”
For further information, stockist details or to purchase GlenWyvis Highland Single Malt Scotch Whisky 02/18, please visit: www.glenwyvis.com
RESTORATION FOR GLEN GARIOCH’S DISTILLERY
BEAM SUNTORY TO INVEST IN £6 MILLION RESTORATION AND UPGRADE OF GLEN GARIOCH’S DISTILLERY IN OLDMELDRUM
16 March 2021 – Beam Suntory, a leading global premium spirits company, is making a significant £6 million investment in Glen Garioch’s renowned distillery in Oldmeldrum. The renovation will see the distillery return to more traditional production processes, while also introducing new cutting-edge technology for direct-fired distillation. The planned changes will also reduce the distillery’s carbon footprint. Work began in 2020, and various stages are expected to be completed over the course of 2021.
The cornerstone of this transformation will be the reintroduction of floor maltings as well as the installation of direct-fired heating to the wash still – traditional methods still used by only a handful of whisky distilleries. The return to these traditional processes is a sign of Glen Garioch’s deep respect for its rich heritage, as well as the complexity and quality of its small batch, hand-crafted Highland single malt.
To complement this return to tradition, Glen Garioch has developed a state-of-the-art, highly efficient and safe method for direct fired distillation, which Beam Suntory anticipates will reduce the distillery’s carbon footprint by around 15%.
The first new make spirit will come off the stills later in 2021.
Kwanele Mdluli, Distillery Manager, commented: “We are proud to make this investment in Glen Garioch’s historic distillery, and we’re excited about the future. Although these traditional distilling and malting methods are rare in today’s industry, our teams have deep expertise and passion for these methods, and we’re all looking forward to bringing them back to our distillery. We are honoured to be a part of Glen Garioch’s long tradition of innovation and quality craftsmanship.”
Francois Bazini, Beam Suntory’s Managing Director – Scotch, Gin & Irish, added: “Coming from one of Scotland’s oldest distilleries, Glen Garioch is a rare find – a complex, hearty Highland malt, produced only in small batches. Our whisky has always been made with extraordinary care, and by reinvigorating its distillery and tapping into the brand’s rich history, we’ll be able to build on the quality and complexity that Glen Garioch is already known for. Although we’re looking to the past for inspiration – we’re opening the next chapter in Glen Garioch’s future.”
Entrepreneur News in Conjunction With Glen Scotia
Glen Scotia Whisky Joins Great British Entrepreneur Awards as Partner
The Great British Entrepreneur Awards is delighted to announce Glen Scotia as its first Entrepreneurial Spirit Partner.
The scotch whisky brand, owned by Loch Lomond Group, is one of the few Campbeltown distilleries to have maintained production from the heady days of the 1830s when the region was known as the whisky capital of the world.
The brand continues to enjoy success, now backed by centuries of craftsmanship and experience and its award-winning whiskies are renowned for their distinctive maritime influence and Campbeltown character.
The partnership will see Glen Scotia sponsor the Entrepreneurial Spirit Award. GBEA and Glen Scotia will also recognise and reward a business owner who has shown particular entrepreneurial spirit each month.
Founded in 2013, the Great British Entrepreneur Awards acknowledges the hard work and inspiring stories of entrepreneurs and businesses in the United Kingdom. Central to its ethos is being more than just ‘an awards ceremony’ – it’s a sense of community, and a thriving ecosystem of support all year round that provide opportunities for winners and finalists to connect and showcase their business.
Francesca James, founder of the Great British Entrepreneur Awards, said: “I’m delighted to announce this new and unique partnership with Glen Scotia. It has an incredibly long and inspiring entrepreneurial journey behind it, and I’m thrilled they share our passion for supporting entrepreneurs and celebrating their achievements.”
John Grieveson, Chief Marketing Officer at Glen Scotia, said: “The early entrepreneurial spirit shown by our founders back in 1832 is embedded in Glen Scotia’s DNA. Back then, our founders, along with many others at the time, rode the wave of entrepreneurialism seen in Campbeltown in the early 1800s, harnessing the abundance of natural resources needed to produce quality Scotch Whisky, as well as new technology including steam navigation which meant that whisky could be shipped directly to Glasgow in under nine hours from what is still one of the most remote parts of Scotland’s mainland.
“We’re proud to be one of the three surviving distilleries from this boom-town era, which has only been achieved by our ability to innovate and adapt the business over the centuries. Our new partnership with the GBEA is therefore very fitting, and we are very much looking forward to working with them to support the new generation of British entrepreneurs.”
