Sunday, September 1, 2024
HomeAlcoholHollyrood Distillery secures funding bundle with fintech Ferovinum - Drinks Worldwide

Hollyrood Distillery secures funding bundle with fintech Ferovinum – Drinks Worldwide


The £2 million plus deal can be used to launch capital from Holyrood’s maturing cask stock, primarily to fund new fill casks and carry cased items to abroad markets, because it rolls out a programme of recent releases and market growth.

Ferovinum’s director of spirits, Gregor Mathieson, mentioned: “The Holyrood crew has achieved a outstanding feat prior to now few years, bringing a brand new distillery to Edinburgh and main a brand new period of contemporary whisky making in Scotland.”

The platform works by holding ring-fenced belongings throughout manufacturing, storage, world distribution and retail fulfilment, giving corporations the flexibleness to transform maturing inventory into capital at any level.

Ferovinum’s know-how additionally integrates with provide chain, logistics and different enterprise capabilities to ship better efficiencies throughout the enterprise course of.

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