Australian Whisky Holdings Signs Heads of Agreement with Spirits Platform to Distribute Nant Whisky in Mainland Australia
October 17, 2018 at 07:32 am IST
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Australian Whisky Holdings announced the signing of a Heads of Agreement with Spirits Platform to distribute its Nant Tasmanian Single Malt Highland Whisky in mainland Australia. Nant complements Spirits Platform's super premium portfolio including The Macallan, Highland Park and Bruichladdich Single Malt Whiskies, Remy Martin and Louis XIII Cognacs and Cointreau. The Agreement is for a period of 5 years and covers all States apart from Tasmania to which the company retains the rights of Distribution. The Agreement is significant in that for the first time the company will have full national distribution in all States apart from Tasmania. In the first year the company expects of a minimum $500,000. The company expects to have up to 25,000 bottles available for sale in the next 12 months which could see sales reach up to $2,000,000. Spirits Platform has the perfect mix of commercial nous, retail capability and most importantly the ability to nurture and build its brand in the on-premise.
Lark Distilling Co. Ltd is an Australia-based company, which is engaged in the production, marketing, selling and distribution of Australian craft spirits. The Company has three segments: whisky, gin and other. It offers about 51 Whisky products, such as Dark Lark Single Malt Whisky, Classic Cask, Boilermaker House Whisky Bar Limited Release, and Para 1992 Cask Finish with 100ml Tawny Liqueur, among others. It offers about eight Gin products, which include Forty Spotted Citrus & Pepperberry + Pinot Noir Gin, Forty Spotted Classic Gin & Raspberry + Rose, Forty Spotted Classic, Forty Spotted Tassie Bush Honey, Forty Spotted Wild Rose, Forty Spotted Citrus & Pepperberry, Forty Spotted Raspberry & Rose, and Forty Spotted Pinot Noir. It operates in Tasmania and Australia. It markets its products via traditional off-premise retailers and on-premises bars, and via its direct-to-consumer business, which is hospitality and online e-commerce. Its primary focus is Whisky and the Lark brand.