Who owns Sullivans Cove Whisky?

Who owns Sullivans Cove Whisky?

Adam Sable
Sullivans Cove has been sold to a family-owned company led by Adam Sable, the former general manager of Scotch distillery Bladnoch, for an undisclosed sum. “We are excited and feel privileged to be leading such an exceptional team who have already built a brand of such acclaim,” said managing director Sable.

Who owns Nant Distillery?

Australian Whisky Holdings
Australian Whisky Holdings has officially been rebadged as Lark Distilling Co, signalling a new era for the ASX-listed owner of Tasmanian whisky brands including Lark and Nant.

Where is Sullivans Cove?

Sullivans Cove is on the River Derwent adjacent to the Hobart City Centre in Tasmania. It was the site of initial European settlement in the area, and the location of the earlier components of the Port of Hobart.

How many whiskey distilleries are there in Tasmania?

Tasmania has 57 distilleries in operation; producing whisky, gin, vodka, rum and other spirits.

Why is Sullivans Cove Whisky so expensive?

Heather Tillott of Sullivans Cove We have quite high excise rates in Australia on spirits. That’s a big part of it. Even wages… We’re not in large scale industrial set-ups where you can have one person manning a huge distillery at one time.

When did Sullivans Cove open?

from. Sign up to be notified about special releases, live events, distillery tours and other cool things. The distillery is located in Sullivan’s Cove, Hobart. It was founded in 1994, and put on the market in 2003.

Is Lark Distillery a good investment?

On top of the insider buying, it’s good to see that Lark Distilling insiders have a valuable investment in the business. Given insiders own a small fortune of shares, currently valued at AU$84m, they have plenty of motivation to push the business to succeed.

What is Lark Distillery worth?

Today our market capitalisation sits at approximately $268m, that’s 4.5 times where it was last year.

Does Australia make whiskey?

There are many styles of Australian whisky like single malt, rye, wheat and blended whiskies.

Is Sullivans Cove good?

Sullivans Cove is Australia’s most awarded whisky. In 2014, Sullivans Cove French Oak was also named “World’s Best Single Malt” at the World Whiskies Awards, and is still the only Australian whisky ever to win World’s Best.

What alcohol is Tasmania famous for?

Tasmania churns out more than just world-class whiskys: the region is also famous for its gin and vodkas, among other spirits.

Why is Whisky so expensive in Australia?

In Australia, and many other countries the tax on spirits is calculated differently to tax on beer and wine. Spirits tax is known as excise duty and as of February 2020, this rate was $86.90 per litre of alcohol [2].

How do I buy shares in Lark Distillery?

How to buy shares in Lark Distilling Co.

  1. Compare share trading platforms. To buy shares listed in Australia, you’ll need to sign up to a broker with access to the ASX.
  2. Open and fund your brokerage account.
  3. Search for Lark Distilling Co..
  4. Purchase now or later.
  5. Decide on how many to buy.
  6. Check on your investment.

Is Lark Whiskey a good investment?

last 1 year earnings growth Earnings Trend: LRK has become profitable over the past 5 years, growing earnings by 41.5% per year. Accelerating Growth: LRK’s earnings growth over the past year (21985%) exceeds its 5-year average (41.5% per year).

What is the most popular whiskey in Australia?

Last updated: July, 2022.

Name Critic’ Score Brand / Producer
Johnnie Walker Green Label 15 Year Old Blended Malt Scotch Whisky Single Malt 92 / 100 Johnnie Walker
Johnnie Walker Red Label Blended Scotch Whisky Blended 85 / 100 Johnnie Walker
Chivas Regal 12 Year Old Blended Scotch Whisky Blended 89 / 100 Chivas

Why is Sullivans Cove so expensive?

Which whisky is best in Australia?

Best Australian Whiskies

  • Sullivan’s Cove French Oak Whisky.
  • Starward Solera.
  • Shene Estate Mackey Single Malt – Release Four.
  • Mountain Distilling’s Red Gum Single Malt Whiskey.
  • Archie Rose Single Malt Whisky.
  • Lark Para100.
  • Bakery Hill Cask Strength Single-Malt Whisky.
  • Hellyer’s Road Slightly Peated 10yo Whisky.

Why is Tasmanian whiskey so good?

“The trite answer to ‘why does Tasmania make such good whisky’ is to say that it’s thanks to the climate or the water. Those things help, for sure, but water’s water. You can make claims about how pure the water is and so on but the mainland’s got pure water too.”

Why is Sullivans Cove whisky so expensive?