Famous Grouse Blended Scotch Whisky 1L. All the stats, form and information about race horse - Whiskey Creek (NZ) (NZ) available at RACING.COM – The first destination for Australian Horse Racing. Warren also served on an advisory Board for the National / ANZ Private Bank for five years. The package C shareholders have Ordinary Shares, which are voting shares and have full voting rights attached. This will capture efficiencies and save costs. There’s a small car park and from there it’s very easy to find your way to Whiskey Falls. Existing investors have put in additional capital recently, as well as new investors buying in. While the accountants will only allow us to show the value of our casks on our balance sheet at the lower of cost or net realisable value, the reality is when we bottle that cask and sell it we can yield say an extra $20k gross profit per cask, which is above that original cost. New Zealand is still under-represented in distilleries, we believe. Whisky and More. Please remember you have to be over 18 years of age to use this site, Liquor Licence Holder: Global Beverages NZ LtdLiquor Licence Number: 20/OFF/0076/2018, The NZ Whisky Collection 18YO Doublewood 500ml, 12 Drams of Christmas - Whisky Advent Calendar. There are 124 residential lots connected to the water system. We have leveraged some debt to make this happen. Craft beer, cider, wine, spirits & homebrew. If you have ever wanted to own your own whisky distiller, The New Zealand Whisky Collection Limited, Own your own distillery and a piece of New Zealand whisky history, https://au.linkedin.com/in/greg-ramsay-989380168, https://app.companiesoffice.govt.nz/companies/app/service/services/documents/00468621B994CA10AF45DB050062A475, https://app.companiesoffice.govt.nz/companies/app/ui/pages/individual/search?q=egen%2C+warren&roleType=ALL&indEntityTypes=ALL&indDirStatus=ALL&indEntityStatusGroups=ALL&indShrStatus=ALL&advancedPanel=true&mode=advanced&expandedResults=#results, Domestic market expansion (another Cellar Door, increase trade accounts), International market expansion (USA, UK, Japan, SE Asia), Capital raising costs (PledgeMe platform fees, legal and accounting work, branding and marketing). Stuart is a Chartered Fellow of the IoD and a pat President. Since relaunching the range in 2011 we have been exporting South Island Single Malt and Dunedin DoubleWood, firstly to Australia, then the EU and now Asia. His background in resource management and town planning saw Grant live and work all around-the-world, and he met Greg Ramsay playing rugby (very badly) in Hobart. What sorts of connections to Nant Distilery does the team have? THREE We included them as that was the valuation they put in their IM (2 times projected sales), and were able to raise about $1.4m on that. For example, Sullivan’s Cove offerings from Australia are NAS, which means young. Is there sufficient demand for younger whisky given the current product has a different age profile? Quick View. Sign up. Heya guys! Investment in these types of business is very speculative and carries high risks. Hello. We'll be in touch once the campaign meets its goal, and again when it closes, so you know we'll be charging your card. With increased capital, we will put more cash into marketing in the regions we are already selling well in - to boost sales and yield per litre. A semi-retired business person, Warren owns commercial properties and is involved with some property developments. He and Lyn then bought a small hire company and built it into a multi-branch tool and equipment rental company with a division of catering, marquee and party hire. Outside of work you will find Matt meandering his local golf course. Own your own distillery and a piece of New Zealand whisky history, Pledges will only be confirmed if the target is reached by: Answered on 31-10-2018 by The New Zealand Whisky Collection, Hi, does your revenue figure include excise tax? Our born-and-bred ‘Oamaruvian’, Matt has returned home after travelling the globe and managing pubs across England. PledgeMe (FSP359926) is licensed as an equity crowdfunding platform by the New Zealand Financial Markets Authority (FMA) Built upon Dunedin’s rich distilling tradition and the superb whiskies from the old Willowbank Distillery, we have developed high value, blue-chip international sales channels. And if we achieve over $360,000 in annual Oamaru Cellar Door sales, imagine what we can achieve in Dunedin, Christchurch, Queenstown or Auckland. In 1997 the last Whisky Distillery in New Zealand was closed down, and the hundreds of barrels of Cask Strength whisky auctioned off or mothballed. In order to purchase alcohol you must be over 18 years old and legally entitled to do so. It has been maturing in a heavily charred American oak ex bourbon barrel using New Zealand … A couple of years ago the business went into administration and soon after the assets were acquired by ASX-listed AWH, which also owns Lark Distillery, Overeem Distillery and some of Old Kempton Distillery (all in Tasmania). When we bought the business in 2010 the bonded warehouse and production area was on the ground and first floors of the grand Loan & Mercantile building in Oamaru. To meet this increasing demand we must control the quality and volume of our distilling. Troy reports to the Board and ensures we execute the strategic plan. We are building our own distillery to ensure all whisky is produced to the highest quality, so it can stand proudly on the world stage. So, God forbid, if our bond store burnt to the ground we would be paid what we would have yielded selling that whisky in the marketplace - not just what it cost us. 100 Proof American Whiskey 50% Alc./Vol. CRAFT DISTILLERY. Valuing and selling shares further - how will this be facilitated? Secondly, climates where the Angel’s Share is extreme - like India and Taiwan - MUST release younger whiskies, otherwise there would be nothing in the cask when they went to bottle it. We also see our crowd being loyal customers in their own right, buying our products each year. Before his time in whisky, Troy started, managed and grew several of his own technology companies in Melbourne and London. There will still be older whiskies in market and stock held back for that segment but their prices will continue to rise due to scarcity and young whiskies will become even more common. We close on Monday the 17th of December at 4pm. Our Founder, Greg, developed the business plan to restore the old buildings and watermill, and it was his initial idea to set it up as a distillery on the property in Tasmania's central highlands. The New Zealand Whisky Collection. He is currently Chairman of Scott Technology Ltd, UDC Finance Ltd and Dunedin International Airport Ltd, as well as being a Director of Ngai Tahu Tourism Ltd, Argosy Property Ltd and a member of a number of private companies. in the future. This limited-edition single cask release from Thomson is a five-year-old whisky. Thank you for your good questions. Firstly, well done on where you have taken the company to date. It is also illegal for us to supply alcohol to a person under 18. With greater volume, we could start servicing trade accounts in many of our markets too. Big Barrel is proudly the largest Independent 100% NZ Family Owned & Operated Liquor group in NZ. Show: Canadian Club Whisky 1L. Thank you! Ordinarily it would seem logical that an external valuer would do this, rather than have it completed in house? Not long after the distillery was up-and-going in 2008, Greg had little to do with the business. This year, our EU distributor grew sales by 40%. RM163.00. Compare this Product. I'm interested in your comments around your current production partner - is this coming from off-shore? More Info. There are some other smaller debt and once we know how much money we have raised we will assess what we will pay down. The New Zealand Whisky Collection Limited. Online since 1998 and at our Christchurch store since 2003. The 16 year Dunedin Doublewood has a distinct malt taste and was my favourite. An accomplished graphic designer/artist (his works can be found in collections and galleries across New Zealand, the UK, US and Australia). This only occurs where there is a proposal or resolution: However, investor shareholders have no rights to vote on removal or appointment of directors. He has been running the business since early 2011, with a two year break from late 2013 as CEO of Lark and Overeem Distilleries in Tasmania. Rumor has it the creek's name attracted the dark stranger, Farley Price, who disrupted life in the community. We have consistently enjoyed steady export growth, even while increasing price and reducing bottle sizes. Answered on 07-11-2018 by The New Zealand Whisky Collection, Hi, The world loves a great product with a story and I wish the team great success. Done! If you are a New Zealand citizen living in New Zealand then you are eligible to invest. Showing 1 to 1 of 1 (1 Pages) ... Mystery Creek Reserve Chardonnay. We have always had the best insurance you can get for our whisky stock, it is called Throughput Insurance and is provided by Lloyds in London. It was named after the creek which flows near where Abraham Lincoln grew up. The valuation of The New Zealand Whisky Collection was undertaken by the current shareholders. Stock Med QTY. The shareholders are comfortable that a multiple of 4.93 times the current financial year, FY19 estimated revenue is a fair market value. Or it provides a great day hike option if you are looking to explore the Nelson Lakes area. Liking the plan :) Just noticed mention of a distillery that hit the news a few years back. Seek your own legal advice but here is a broad outline to help guide you. Drinks by the Dram has once again bestowed the finest ear... Commercial descriptionInspired by the beautiful tea servi... We are one of the largest independent buyers of Whisky & premium spirits in New Zealand and have called on our networks far and wide to bring you arguably the sharpest online pricing for Whisky & premium spirits in the Southern hemisphere. Thank you for your pledge! Answered on 03-05-2019 by The New Zealand Whisky Collection, "Here’s to the long life of a great company ", "I look forward to the opening of the new facility in Oamaru.". The New Zealand Whisky Collection was formed to share New Zealand whisky with the world. In Australia, we have mainly been selling in the 220+ store chain Dan Murphy’s and have seen sales grow. The valuation multiple is consistent with the multiples set out in the below comparative analysis of recent market transactions in the same or similar industries, or recent crowdfunding in New Zealand. As mentioned above, all three of our Board have a financial vested interested in one-form-or-another. He sold this plan to the then-owner, who contracted Greg to project manage the distillery build and set up. All three Directors have a vested financial interest in the company in either equity (Founder), a loan to the company or a convertible loan (they can choose to change their current debt to equity within 2 years). Or is it a NZ-based producer, and in which case once you stop buying off them they'll then be able to ramp up production of their own stock, thus providing more competition in the NZ-produced market? And around 2,000 in the USA. This is NOT a funding option we will be conducting. Alcohol is supplied under licence which can be viewed here. Whiskey Falls is … The shareholder discount can only be redeemed in the Cellar Door our online at our website. Shares are priced at $1 and the minimum investment amount is $500. November, 1932, Burke Bay on Puget Sound - Local Indians called the natural spring burbling up in the forest "Spirit water." Matt has a multi-faceted role within the business. You will need to agree on an sale price between yourselves. 3. A unique virtual event for the food and beverage industry. The track to Whiskey Falls starts at Mount Robert Road in St Arnaud, the biggest (or pretty much only) town in the area. Grow existing export (Australia, Europe, USA, Taiwan). Hi Logan, The campaign has closed for the time being, however, we may open it again in 1-2 months. Eight years on, The New Zealand Whisky Collection is proud to present The Oamaruvian – specially selected casks chosen for their rich toffee, floral nose and creaming soda mouth-feel with a hint of Oamaru sea spray to finish. This was used to finance our stills (as they can take a long time to be built), and buying new-make from a contract distiller so we have stock maturing while we set up our distillery. So a lot of notions are being challenged, that is - “it has to be made in Scotland, and it has to be old.”. 1) 'Skin on the table' Further to a previously asked question, just wondering, other than for personal reasons, as to why the other advisors, board etc do not have financial vested interest in the business? Just under two weeks to go in our Crowdfunding Campaign! There were no adverse findings. We’re excited about building our own New Zealand whisky distillery so we can continue our commitment to quality and produce the volumes demanded by our distribution partners. We aim for delivery in 5 working days but in reaility over 90% of North Island deliveries arrive the next working day. Big Barrel is a specialist liquor retailer formed in 2003, starting with their first ever store in Marewa, Napier and has since grown to over 43 stores nationwide and going strong. TWO Copyright © 2020 PledgeMe – All rights reserved. The inlet is about 3km north of the Clyde Dam and the water … New Zealand citizens living abroad Equity crowdfunding must be legal in the country where you live. distribution in new and large markets, like China - which is currently not in any of our planning as it requires a lot more volume and therefore capital). Add to Wish List. Please let us know if you have any further questions. FOUR Just under two weeks to go in our Crowdfunding Campaign! Mixed with raspberry cordial and lemonade no-less! Whiskey Creek Water Service Area The Whiskey Creek Water District was acquired by the RDN in January 2011. You will need to consult your lawyer, and provide us a proof of address. Also, when our CEO was CEO of Lark and Overeem from late 2013 for around 2 years, AWH was Lark/Overeem's largest shareholder at the time (they now own both distilleries in full). I appreciate the comments on pg 16, but can you provide some further detail on practical experience of the team? New to PledgeMe? If not then you need to be sure you qualify. This is an excellent questions, and something we didn’t really mention in the IM. We will keep a register of shareholders wishing to sell their shares, and put them in touch with anyone interested in buying shares. You mention limited competition in NZ, so my assumption is that the current partner is off-shore if they have the capacity to supply you plus presumably do their own thing too? If so how much? We have a tasting panel we use before any whisky is released, or new-make put into cask. 7.6K likes. There are two share classes on offer. We value and develop premium partnerships in each market which prompt sales with good profit margin. Quality is at the core of our business, and our whiskies. Tom has been with the company since its inception in 2010 initially coming on to invigorate the branding and packaging of the existing stock. Growing up in Tasmania’s highlands, Greg’s family farm featured Australia’s oldest golf course. Hi guys. We are not worried about them as a competitor as the more distilleries making top quality whisky, the better for all - the "New Zealand whisky" brand, in general, gets more well known globally. You mention in the IM that the new make whisky will be matured for 3-5 years. Please fix it and try again. Valuation - are you able to provide some info around external advice and reports that you have obtained for the valuation? Matt is responsible for a lot of our branding, merchandise design and organising events and will continue to fine tune our brand and aesthetic wherever it appears. They owned and operated that company for over 21 years, until selling to Hirepool in 2005. We are one of the largest independent buyers of Whisky & premium spirits in New Zealand and have called on our networks far and wide to bring you arguably the sharpest online pricing for … Ultimately, it cannot accommodate the volume of whisky we are maturing. Is there any intention to retain a certain amount of spirit in the casks for a longer period to produce a premium product? The New Zealand Whisky Collection Limited - after the campaign has closed and the funds have been fully processed - will then have discretion over permitting a share transfer to happen between the foreign individual and the foreign company or entity. Grow NZ retail sales, with another Cellar Door and Limited Releases. Answered on 23-11-2018 by The New Zealand Whisky Collection. This Investment Memorandum details how we are responding to these demands and invites you to consider joining us on this exciting journey. It is insurance specific to the type of business we have, asset heavy. This has been born out of necessity on two fronts. As always, please let us know if you have any questions. 17/12/2018 at 4:00 PM (NZDT). 1. The New Zealand Whisky Collection was formed to share New Zealand whisky with the world. Description 1930's.....At Whisky Creek, Karamea, Buller district, West Coast. Thanks and good luck. The discount does not apply on top of the lowered trade price, only to our retail prices. A special release of New Zealand whisky, distilled by the now-closed Willowbank distillery in 1987. There are only about 18 distilleries operating in NZ, whereas there are more than 120 in Australia. does the shareholders discounts apply to the trade price if the shareholder happen to be one of your trade accounts and guaranteed of best discounted price as well as stock priority? Knob Creek is crafted in limited quantities, aged 9 years and placed in only the deepest charred American Oak barrels to fully draw out the natural sugars. when a new equity campaign from this company is published. The minimum holding of Ordinary Shares has been set at 40,000 shares.All purchases of share bundles less that 40,000 shares will be issued Investor Shares. On-premise accounts prefer 700ml bottle size, as less handling / re-ordering. Shop online or at our Christchurch shop. The insurance we have covers the gross profit in the casks. The two non-Founder Directors may choose to convert their debt to equity in the future (and if offered to the Director who does not have a convertible loan in place), but that is a decision for them to make in the future. James is thrilled to be part of the new exciting chapter in NZ whisky history. 2. Some of it not entirely lawful! Since 2015 we have been limiting, or allocating, where NZ Whisky Co. whisky can be sold. You should receive an e-mail with your new password in the next few minutes. We have a $400k convertible loan which can be converted to equity in the next 2 years if the lender chooses to. They must invest as an individual through the equity crowdfunding campaign - provided that they meet the criteria for investing from overseas. The usual rules do not apply to offers by issuers using this facility. Documents no longer available to download, as this campaign has closed. The world’s beverage landscape is changing at a rapid rate. As a result, you may not be given all the information usually required. The focus for the last 2 years has been to conserve as much cash as possible so we could lay down new-make, so our new products can hit market sooner than waiting for us to build our distillery. Other shareholders/interested parties - I note that most of the names of the board, staff and advisors aren't on the current investors list (outside of Greg, Troy and Tom). In very limited circumstances (to ensure the shareholder’s core rights are protected) each non-voting share gives the holder the right to one vote. 4. Scandinavian settlers took that to mean whiskey and named the stream flowing from the spring "Whiskey Creek." The right to an equal share in dividends and other distributions made by The NZ Whisky Co. Limited (subject to the rights of any other class of share); and. Southland born, Otago raised, ‘Finny’ was an early drinker of Wilson's Whisky in his Otago Uni days. Going the extra mile in offering not only the best seller whiskies but the limited edition spirits as well for those experienced Connoisseurs! If you would like to subscribe to our newsletter here: http://eepurl.com/j2gLT you can keep up-to-date and be informed when we reopen. In those hotter countries they lose 10-15% of the spirit from the cask, each year. Please let us know if you have any further questions Matt. You earned 9.55% interest per annum on the funds you put in, and Nant would pay you your original investment when the whisky matured. In 2015 they won best single malt whisky in the world at the leading international whisky awards - the World Whisky Awards. Whisky distilling is in his blood and the MacKenzie family has a very long history with whisky blending and distilling. New Zealand law normally requires people who offer financial products to give information to investors before they invest. Operate in a modern, efficient bonded warehouse and production facility. In 2010, we bought the last 80,000 litres in 443 barrels from what had previously been stored in an old airplane hangar. They simply cannot keep up with demand so have had to blend younger-and-younger whiskies to be able to supply the market. Macduff 'Old Particular' 2007 / 12 years old 48.4%. This is a classic, smooth Irish whiskey, balancing soft fruity sweetness, buttery vanilla and soft oak notes. Some of those countries include: If you are a resident of these countries then you cannot participate in our crowdfund: The U.S.A. and Canada are more complicated as it will come down to the State legislation of where you live. THREE Thanks for your time - it's an interesting prospect, but just want to get a clearer picture of things. New Zealand's best website to buy whisky/whiskey online. We've had years of experience in sorting out the best deals for trade buyers and our mix of corporate and retail backgrounds coupled with our interactive site means we can now also offer these deals directly to you. In our table of other companies and multipliers some were purchased by large multinational companies for multipliers bigger than what we have valued our business on. 2) Protection of Assets - Earthquakes - Those beautiful barrels take a bit of long loving storage. In comparison to Australia, USA and other major distilling nations - on a per capita basis New Zealand has low competition at the moment. Foreigners living in New Zealand You must be a permanent resident, or be entitled to flow freely into and out of New Zealand. Also, we don’t charge or pay excise on orders shipped to Duty Free in New Zealand, or online orders shipped outside New Zealand. In the last year the larger Japanese distilleries have said they will need at least 10 years to catch up with demand. ... We mash our grain with hot water and elbow grease, just as our forefathers did, and don’t use malt extract, sweeteners, colours or flavours. It is fantastic to see NZ's distillery capacity grow. Then we bottle it at an honest 100 proof to reflect the flavor, strength and patience that defined pre-prohibition whiskey. Are they insured in the event of damage from natural disasters and to what level as it is not just the replacement cost the revenue loss is over many years should the worst happen in our shakey Isles ....and was any building upgrading to meet 'Building Code' or Insurer requirements addressed as part of the due diligence when scoping the expansion project with the leasee. Please take some time to browse through it, particularly a new section on page six which outlines the value proposition in more detail. Friendly finance is mentioned in the IM. The Dunedin DoubleWood was born. Company details are currently being synced with the Companies Office, please wait. I have a few questions: There is no guarantee you can sell your shares, we are unlisted company so not a lot of liquidity. The older whiskies won’t be part of our core range. We want more Kiwis to be involved in our exciting next chapter and not only help us make more exciting whiskies, but share in any financial success we have too. Once the wash has fermented out we distill it twice through our copper still. In 2015 we started filling casks with new-make spirit from our contracted production partner. Please do let us know if you have any further questions. He is a champion of regional development, creating businesses which showcase their wares on the global stage. A wholesale investor can be defined as people who meets any one of these 5 criterion: Investors from overseas cannot invest through a foreign company or entity. However, they cannot supply the volume we are confident we can sell. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The staff member took us through the types of whisky from lighter High Wheels to more maltier and smoky whiskies. There are a few reasons why we are crowdfunding. For the medium and long term we will keep some whiskies in larger casks for older whiskies, but more for our limited release ranges and to allow our distillers to experiment. Getting to the Track. Please keep in mind other alcohol businesses listed in the table on ‘Our Valuation’ page of the IM include excise in their sales too. And if you need any further evidence, look at Kavalan from Taiwan. The business has consistently generated healthy profits. $48.99 $39.99. … Get the latest Whiskey River Co Office, Art & Craft, Whiskey River Co Health & Beauty, Whiskey River Co Food & Drink and more at Mighty Ape NZ. You mention the selling won't be easily done and looked after in house - is there any guarantee that if we purchase, we'll be able to sell them at a later date if needed? James has 2 distilling mentors at the moment he regularly calls on, and as mentioned in the IM, we will send sending James on the leading distilling course in our industry at the IBD. Are any of these that are closest to the operation planning on investing their own money via the Pledgeme raise or otherwise? We’re offering shares in The New Zealand Whisky Co. Limited to raise a minimum of $500,000 and a maximum of $2,000,000 for up to 16.9% of the company. Thanks for your question. All transactions are subject to … And thanks for your question. Helping Kiwis fund the things they care about. an authorised financial adviser, a chartered accountant, or a lawyer signs a written confirmation of the certification. FOUR An unidentifed man is sitting alongside. This is a sales channel we don’t currently have, so will offset the higher cost of this finance as you point out. Answered on 26-10-2018 by The New Zealand Whisky Collection. Company Name: READ MORE: The Ultimate Two Week New Zealand South Island Itinerary. Both our Founder and CEO know the new team at Nant and AWH and are pleased to see what they are doing to not only keep this great whisky on the market, but expand production and get more of it selling around the world. We have raised private capital and we now invite other whisky lovers and investors on this journey with us. An operating distillery will give us the confidence of large, consistent supply of our own high quality whisky from 2021, we can continue seeding new export regions in 2019 with existing stocks - to ensure high demand when our increased volumes are mature and available for sale. In the last eight years, our little Cellar Door in Oamaru has grown and grown in sales and profit. I had a day to explore and decided to cruise down Nelson Lakes and do a day hike. Opening up new markets has been restricted due to our finite stock. Due to a lot of great questions and feedback, we have released an updated version of the IM that you can download from our PledgeMe page. Southern Style Whiskey with Honey ... New Zealand Unlimited natural mineral water is extracted directly from a pristine aquifer in “Kaiwak.. RM6.90. With excise being so high and a tax, I feel it wouldn’t be right to apply a revenue multiple to a tax to reach a valuation.