Whisky Ownership Summary
Whisky only matures when stored in an oak cask. Once bottled, maturity halts and the whisky remains unchanged. The ‘age statement’ on a bottle of whisky represents the amount of time it was matured in an oak cask. The longer a whisky is matured, the better, and more expensive it becomes.
This means that a whisky distillery’s capital is tied up in vast amounts of maturing casks, which they will see no return on until they’re bottled. For example, to produce an 18 year old whisky, the cask was matured for 18 years before being bottled. Only at the point of bottling will a distillery see their proﬁt. This is why distilleries work with brokers like Viticult who assist them in generating capital.
We sell casks to our clients who will bed them down for a minimum 5 year term. During this term a cask matures, and each year of maturity represents a step up in value. 5 years later, or longer depending on a customer’s strategy, we sell the cask(s) back to distilleries through our network, who will use them for bottling.
One thing you can be sure about when it comes to Whisky Cask Ownership is that a mature cask that's ready for bottling, is valued far greater than a cask that isn't ready for bottling. It is this simple science which makes Whisky Cask Ownership so appealing.