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    Stauning Whisky receives £10m investment from Distill Ventures

    The team are thrilled that we can keep doing what we do best – innovating in whisky production, and introducing more and more people to what we do,” says Starward founder David Vitale

    Distill Ventures, the London based subsidiary of Diageo is investing £10m into Stauning Whisky distillery in Melbourne, Australia. This investment will enable Stauning to increase product capacity and take the brand to additional markets such as the Unites States and South East Asia.

    Stauning’s principals have ensured that they will keep a majority stake in the company and their emphasis on producing high quality, handmade Danish whiskey. Distill Ventures, and therefore Diageo, are continuing its efforts to invest in craft spirit brands and distilleries as consumers’ remain committed to buying these products.

    Source: DBR