Ex-Lark chairman and Founders First create new whisky venture

Australian investment firm Founders First has partnered with the former chairman of Tasmania’s Lark Distillery to develop a new whisky business. Founders First has teamed up with Chris Malcolm, former CEO of private equity group Australian Whisky Holdings, on the new venture, currently named New Co. The agreement saw Founders First invest AU$525,000 (US$377,840) for a 60% equity stake in the business. After five years, Founders First has the option to buy Malcolm’s shares in…

Continue Reading →

The world whisky brands to watch in 2020

The world whisky category is witnessing renewed interest as consumers become more adventurous and global players make multi-million-dollar investments. Here, we present the brands poised for success in the coming 12 months. The whisky sector outside of Scotland, Ireland and the US has benefitted from investment from major players and flexible regulations that allow for experimentation. “Whisky sales are in solid growth across major markets and, more interestingly, we continue to see an increase in…

Continue Reading →