Charting a New Course for Starward Whisky
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Charting a New Course for Starward Whisky
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About this listen
Starward Whisky founder David Vitale stepped back from the Australian whisky maker's day-to-day operations several years ago, but after Diageo's Distill Ventures incubator unit pulled its support for Starward and other distillers last year, Vitale was faced with a dilemma. With his board wanting to seek a buyer for Starward, Vitale decided he was the best potential buyer for the business. Vitale has now bought out Diageo and his former partners, and is charting a new course for the distillery that involves slower, steadier growth. We'll talk with David Vitale on this week's WhiskyCast In-Depth. In the news, whisky makers in the U-K have been hit with an excise tax increase that will drive up the price of a dram, while China has agreed to reduce its import tariffs on Scotch Whisky.