338.1%
€ 350,000
Target Amount
€ 1,183,350
Invested Amount
160
Invested Users
€ 115
Share Price

Our first Clan Investment round has now ended. Sign up to our newsletter to be amongst the first to hear about future investment rounds.

If you are an investor who wishes to join us on our journey, you can reach us at invest@ahascraghdistillery.com.

 

Ahascragh Distillery aims to make whiskey history in the West of Ireland. We are fundraising to complete our eco-distillery and whiskey experience in the village of Ahascragh. Our journey has already begun with three products on the market and global demand for Irish whiskey set to double by 2030.

KEY HIGHLIGHTS :

  • Our Focus on the Asian market with SOM (Serviceable Obtainable Market) of 17k cases by 2030
  • Experienced and well-connected Founders, Gareth and Michelle McAllister have a strong knowledge of the key market
  • Building an eco-distillery with a drive to be carbon neutral
  • 3 products launched in 2021 with plans for international release this year

OUR PLANS :

While living in Asia, we grew tired of being offered “Irish Scotch” and spotted a gap in the market for premium Irish Whiskey. The fastest growing premium spirit in the world, growing by 140% in 10 years, Irish whiskey sales are set to double by 2030. As demand grows, we’re renovating an old mill into an eco-distillery in the West of Ireland.

From living in China and Hong Kong, we’ve seen the opportunity for Irish whiskey growth. Exports to Asia grew 362% from 2013 to 2019 and projections show a CAGR of at least 20%. 1 in every 2 bottles of whiskey sold globally by 2025 will be bought in India.

A key differentiator is our drive to be carbon neutral. Our eco-distillery will be powered by renewable energy, using new innovative technology.

The first phase of the project sees revenue from spirit, cask and merchandise sales; third party bottling; and the café. The distillery will then generate income through visitor tours and events.

KEY MILESTONES :

  • €1.8 million equity raised
  • Whiskey and Gin on sale in Ireland, launching internationally this year
  • National coverage in Irish Times, Sunday Business Post, RTÉ Radio
  • Cask Programme sales exceeded projections for 2021
  • Shop and Café opened June 2021

Team:

Ahascragh Distillery has put together a well-connected and experienced team.

Gareth McAllister (Founder)

 A chemical engineer and certified distiller with over 30 years experience in the chemical and process industries. Most recently based in Hong Kong as President and Officer of a leading multinational, Gareth has achieved commercial successes in managing large scale manufacturing operations and businesses. Now, turning his passion for Irish whiskey into a family, global business.

Michelle McAllister (Founder)

A trained psychologist and the creator of Xin Gin, Michelle is an avid collector of gins from around the world with a goal to combine the flavours she’s experienced on her travels with Irish botanicals.

Seán Mahon (Commercial Director)

A sales professional with experience working within the Services and Technology Sectors. Seán has vast experience dealing in contract negotiations for both Pan European and International Organisations with skills sales, customer relationship management and operations.

Malcolm Paterson (Sales Manager)

Has worked in various sales, marketing and commercial positions for several international blue-chip organisations. He has worked extensively in the spirits industry with a network of distributor and a deep understanding of routes to market.

Jim Mulqueen  (Board member)

An experienced Corporate Finance advisor, with 25 years' experience completing transactions and specialising in company acquisitions and disposals, debt and equity fundraising.

Dr. Jack O’Shea

An Irish whiskey veteran, Jack has worked with numerous distilleries and is a tutor at the Institute of Brewing and Distilling. Jack has a PhD an MSc in Brewing and Distilling, an MBA, a degree in Biochemistry and a BA degree, also a H Dip in Education. Jack is supporting the design and construction of the distillery

Alison Greene (Marketing and Communications Manager)

Born and bred in Ahascragh, Alison has worked in marketing and communications with extensive experience managing and executing national and international marketing and press campaigns.

Organic Architects

An architecture firm specialising in the design of distilleries. Director Gareth Roberts is a member of the Scotch Malt Whisky Society. Designs include; Lindores Abbey Distillery, Ardnamurchan Distillery, NcNean Distillery

CLAN INVESTMENT

Following a successful first round of seed funding, we wanted to invite a wider community to be part of the Clan, even if it’s on a smaller level.  Clan Investment round is a direct investment campaign with ordinary shares for as little as €115. 

Investments in Clan Ordinary Shares will go towards the construction of Ahascragh Distillery with plans to open late 2022. 

Our first Clan Investment round closed on 31 December 2021. 

Investments of this nature carry risk to your capital. You should take such independent advice as you deem appropriate. Please Invest Aware.