Seppeltsfield winery moves into Australian whisky

4th July, 2018 by Nicola Carruthers

Wine producer Seppeltsfield Estate has made a “strategic investment” in Australian Whisky Holdings (AWY), owner of Tasmanian whisky distillery Nant.

Australian wine maker Seppeltsfield has acquired a “strategic” stake in the owner of Tasmanian whisky distillery Nant

Terms of the deal were not disclosed, but Seppeltsfield managing director Warren Randall is the largest shareholder.

South Australia-based Seppeltsfield Estate has secured contracts for distribution of AWY’s products in China, which will allow the firm to expand into the Chinese market. Both companies will work together to expand AWY’s international distribution channels.

Randall said: “Australian Whisky Holdings has a great product range across their brands and we are delighted to have a strategic investment in the company.

“We look forward to exploring the relationship between the two companies and assisting in expanding AWY’s international distribution channels.”

Private equity group AWY completed its AU$3m (US$2.22) acquisition of The Nant Group in August last year, taking ownership of all whisky production assets including shares in Lark Distillery.

The Barossa wine producer provides Sherry and Port barrels to the whisky industry, allowing AWY access to the barrels for the production of Australian single malt whisky.

AWY announced its intention to purchase Tasmanian spirits producer Lark Distillery for AU$10.7 million (US$8.3m) in March this year. The deal was completed on 28 June after AWY received shareholder approval.

In August last year, AWY discovered that more than 700 whisky casks sold under Nant Distilling Company’s barrel investment scheme “have never been filled and don’t exist”.

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