Fresh Investment Secured for Ardgowan Distillery

We’re pleased to announce significant financial progress for Ardgowan Distillery Company, having successfully converted £14 million in convertible loan notes (CLNs) to equity – including £3 million held by Distil Plc – and secured £4.2 million in new funding. 

Our CEO, Roland Grain, shared: “This marks the end of the early phase of the project, and we are now in a far stronger position, with a clearer structure, a strengthened balance sheet, and a defined path forward. We remain focused on what has always driven us: an exceptional wood policy coupled with long term maturation. Such dedication to quality requires patience and investment though, and I remain open to additional strategic investment partners as we move towards our goal.”