We're a small distillery with big ambition. It's all about the consumer, transparency & flavour.
Business overview
Location | Co Waterford, Ireland |
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Social media | |
Website | blackwaterdistillery.ie |
Sectors | Food & Beverage Mixed Digital/Non-Digital Mixed B2B/B2C |
Company number | 543070 |
Incorporation date | 28 Apr 2014 |
Investment summary
Business highlights
- 2015 Launch Blackwater Gin our first product
- 2018 Open new distillery and start production of Irish whiskey
- 2021 Double Gold for Boyle's Gin at San Francisco World Spirits
- 2022 Q4 Launch Dirtgrain Irish Whiskey
Idea
Introduction
We're not a marketing company, so if you want romance copy can I suggest you go elsewhere, perhaps a library?
We're a distillery. We make our own gin and our own whiskey. I know, revolutionary.
We value the traditional skills that shape the products we make.
We are the driven by the “what if? Possibility trumps certainty every time for us. It drives not just what we chose to do, but how we do it and ultimately the spirits we
make.
This has resulted in us winning numerous globally recognised spirit awards. Most recently double gold in San Francisco.
Substantial accomplishments to date
2015 launched our first product, Blackwater Gin.
2016 launched Boyle's Gin exclusively into the ALDI Ireland. Since then Boyle's Gin has been sold as a seasonal product in ALDI Australia stores.
2018 we opened a brand new distillery.
2019 secure a local grain policy.
2019 we launch a range of Boyle's Gin RTDs.
2021 launched Velvet Cap, a blended Irish whiskey.
2021 win Double Gold for Boyle's Gin at San Francisco World Spirits Competition.
2022 Blackwater products are now in 9 markets.
2022 Q2 Velvet Cap single malt is launched.
2022 Q2 Root & Branch Gin launched, a modern gin profile with a tree planted for each bottle sold.
2023 Dirtgrain traditional pot still Irish whiskey set for core release.
Monetisation strategy
Blackwater Distillery gets its products to market in Ireland via some of the country's largest distributors. White spirits are represented by Barry Fitzwilliam and Classic Drinks. Irish Whiskey by Dalcassian. These distributors get our products into independent off-licenses, and into the on-trade across the island. Also, our products are sold in the three leading supermarkets, Tesco Ireland, Dunnes Stores, and SuperValu.
We directly supply ALDI Ireland with Boyle's Gin, also seasonally with RTDs, Puca Irish whiskey. Products are also currently supplied seasonally to ALDI Australia.
Our whiskey and gin are also available in airports in the Republic of Ireland.
Blackwater products are now available in Germany, Denmark, Australia, USA, Poland, Canada, Sweden
shortly also in the UK, France, and the Netherlands.
Use of proceeds
100% of the proceeds will be used to produce more Irish whiskey and sell it.
Grain and casks cost a lot, and remember we can't sell a drop of whiskey until it's at least three years old. That's a lot of cash that's tied up, doing nothing. So with your help, we can lay down more stock and have more whiskey to sell. We can also spend more time focusing on our key markets, and selling whiskey.
Key Information
Material Debt
The company has an outstanding loan of £100,000 from Allied Irish Banks with an interest rate of 2.75% per annum. The loan is to be repaid by January 2027.
The funds raised from this investment round will not be used to repay this loan.
Previous Investment
The Swiss firm DDSB AS took a minority share in Blackwater Distillery for €2 million back in December 2021, at a pre-money valuation of €9.5m. This investment was at a lower valuation to this round due to strategic value they bring.
Lead Investment
Please note, €160,000 of investment that has been reflected in the campaign has been received by the company between 12/01 and 31/01 2022. This investment is on the same terms as Seedrs investors.
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