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The Beginning of Business Expansion with New Bonded Warehouse

  • Words By House of Decant
2 min read

We have opened a new bonded warehouse in Alloa, Scotland as part of our commitment to making whisky investment and acquisition more straightforward.

This investment into the new warehouse, totalling seven figures, marks the beginning of a long-term project for us as a business to purchase additional warehouses in the future.

The new site, set to be operational by June 1st 2024, underscores our commitment to making whisky casks more accessible as a commodity. With this investment, we aim to break down barriers that have traditionally made purchasing and holding casks more challenging compared to other assets, such as wine.

We are thrilled to announce the launch of our new bonded warehouse in Alloa.

"We are thrilled to announce the launch of our new bonded warehouse in Alloa. At House of Decant, we were founded on the principle of private clients investing in the maturation process of whisky casks. We have over 22,000 casks maturing in Scotland.

The investment market for spirits is rapidly expanding and we want to lead the way with technology. We are committed to offering accessible avenues for investors and our focus on innovation and technology ensures that clients can confidently navigate this market to maximise their investment potential" – Alistair Moncrieff, Founder

The opening of our bonded warehouse is synchronised with our upcoming launch of our Decant Index, a proprietary technology platform revolutionising the industry’s standards for customer engagement and transparency.

This technology not only offers our clients an end-to-end perspective from cask to bottle but also grants private clients greater transparency when purchasing casks and bottles in bond. Owning our own maturation warehouse allows for the potential to further advance technological growth.

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