Ostra Distillers purchase Lion’s closed West End brewhouse
EXCLUSIVE: Ostra have purchased Lion’s closed West End brewhouse with plans to create Australia’s largest malt and grain whisky distillery in Robinvale.
Last December, for example, a four-decanter lot of Glenfiddich single malt from the 1950s went under the hammer for £830,000 at The Distillers One of One charity event, setting a record for Glenfiddich sold at auction.
More recently, a collector from Asia paid an eye-watering £16 million for a ‘one of a kind’ 1975 cask of Ardbeg single malt Scotch – a world record figure and way in excess of any amount recorded for whisky at auction.
Given these examples, it might be tempting to think there’s a place for whisky within an investment portfolio. After all, we live in uncertain times where traditional assets, such as shares, are enduring a rough patch.
Take the US stock market which, having fallen by 20% since the start of 2022, is now in classic ‘bear market’ territory.
The global economic backdrop does not exactly make for bright reading, either, characterised as it is by soaring inflation and rising interest rates. In the UK, the prospect of recession seemingly increases by the day.
EXCLUSIVE: Ostra have purchased Lion’s closed West End brewhouse with plans to create Australia’s largest malt and grain whisky distillery in Robinvale.
For the past 18 years Dawid Ostrowski has been making whisky and other spirits, but his business is about to take a giant leap after purchasing equipment from Lion’s West End brewery in Adelaide which closed in June.
Ostra Distillers Pty Ltd is committed to promoting and supporting the responsible service of alcohol. We firmly believe in fostering a culture of moderation, safety, and informed decision-making regarding alcohol consumption. By prioritising responsible practices, we aim to ensure the well-being and enjoyment of individuals who choose to consume our products.