Santamanía‘s equity crowdfunding success on Crowdcube continues. The Spanish “urban craft distillery” has successfully surpassed £500,000 from more than 580 investors and still has over two weeks to go until the initiative closes.
Santamanía’s spirits are notably sold throughout Spain and in 19 other countries in Europe, Asia-Pacific (including Australia), Canada and South America. The distillery has released more than 10 products to the market and has been awarded 20 International Awards from various institutions from US, Europe, and Asia. It was revealed:
“Our bottled spirits are sold throughout Spain and in 19 other countries in Europe, Asia-Pacific (including Australia), Canada and South America. International expansion is part of our plan, and our plan is to create 4 small commercial branches to manage our expansion into these markets. Our target market demands quality over quantity – they want to drink better, not more – and this market is growing fast globally.”
Funds from the campaign will be used for the following:
- Double distillery Space to around 2,000m with a bigger cellar to increase production of brown spirits (such as rum)
- A new and larger Carl Copper Still for Vodka & Gin production to increase capacity up to 2.5m liters/year
- Larger Bottling Line to increase efficiency and bottling capacity to meet expected demand
In a recent update, Santamanía announced it has appointed Justin Horsman as UK Director and Export Controller. The distillery shared:
“We are pleased to announce that we have appointed Justin Horsman as our UK Director & Export Controller. Justin brings 17 years of marketing & sales experience in the UK and International drinks market, across premium Beer, Spirits and Mixer brands. Previously Justin has lead the marketing for Red Stripe & Corona Extra in the UK, as well as Myers’s Rum, Bundaberg Rum, Ypioca Cachaca, Sobieski Vodka and Teichenne Liqueur to name but a few. Most recently, Justin launched Franklin & Sons Tonics and Mixers in 2015 which is now distributed to over 40 international markets and making a big impression in the UK in high end On & Off trade sectors.”
The campaign is set to close at the beginning of July.
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