Mayo distillery seeks investment for further development which will see production double
A whiskey distillery in the heart of the Mayo Gaeltacht is seeking investment for further development and growthwhich will see production almost double.
Lough Mask Distillery has announced the launch of Phase three of its development and growth plan.
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The distillery is inviting potential investors to register now to receive a copy of the investment prospectus which outlines their development and growth plans for the next five years.
Located on the shores of Loch Measc near the village of Tourmakeady, the distillery is one of a small number of distilleries operating from a Gaeltacht area.
Established in 2016, it employs seven local staff to produce gin, vodka and whiskey.
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The distillery, located on the shores of Loch Measc, consists of a brewing and distilling hall, a whiskey cask maturation area, a bottling area and a visitor centre for tourists
The Phase 2 investment round in 2021 was oversubscribed, with the distillery’s investment target reached within 36 hours of launching their prospectus.
The money raised was invested in capital equipment to increase production output and grow their staff base to seven, most of whom live within the Gaeltacht area.
According to the directors, the next investment phase will allow the distillery to almost double production and provide them with additional marketing funds to launch their whiskey at home and abroad in 2025 when their first casks mature.