The Lakes Distillery Company plc

The Lakes Distillery Company plc produces premium spirits, focusing on artisanal whisky, gin, and vodka. The company is dedicated to craftsmanship and innovation in the beverage industry. Founded in 2011 by Paul Currie in Newcastle upon Tyne, UK, The Lakes Distillery specializes in producing artisanal spirits. The company has engaged in 2 different deals, with the most recent deal occurring on January 15, 2020, when Comhar Capital invested GBP 4.

25 million during a Secondary Buyout round. The total amount raised by the company to date is GBP 4. 25 million. The Lakes Distillery specializes in the production of premium spirits, primarily focusing on whiskies, gins, and vodkas.

Their flagship product, The Lakes Single Malt Whisky, is crafted using traditional methods and matured in ex-Sherry casks, resulting in rich and fruity flavor profiles. In addition to their single malt offerings, the distillery produces a variety of gins, including their award-winning Classic English Gin, and an Ultra-Smooth English Vodka designed for smoothness and versatility in cocktails. These products cater to a diverse clientele, including individual consumers, retail outlets, and whisky enthusiasts, mainly across the United Kingdom, Europe, and select international markets. The Lakes Distillery aims to enhance the appreciation of fine spirits through innovative flavor creation and sustainable practices, appealing to both casual drinkers and connoisseurs seeking quality and craftsmanship in their beverages.

In the most recent year of 2023, The Lakes Distillery generated revenue of GBP 6,985,149. 60, with an EBITDA of GBP -1,570,725. 10. Their core offerings, such as The Lakes Single Malt Whisky priced at GBP 85 and the Classic English Gin priced at GBP 38, form the basis of their revenue model.

The distillery engages with consumers by providing exclusive access to limited editions and personalized communication through membership programs. Sales transactions typically occur through one-time purchases or gift sets, with customers often opting for experiences like distillery tours and tastings to complement their purchases. This multi-faceted approach to sales not only enhances customer engagement but also diversifies the revenue streams of the distillery, fostering a loyal customer base that values both quality and experience. The Lakes Distillery is focused on launching new products, including innovative flavor variations of their existing spirits.

Their strategy includes expanding into international markets, particularly targeting regions in Europe and Asia by 2025. The most recent funding round from Comhar Capital will provide the necessary resources to support these initiatives, including product development and market entry strategies.