21 Apr 2022

Hammarskiöld advised High Coast Distillery AB (publ) in connection with the direct listing of its shares of Class B on Nasdaq First North Growth Market

Hammarskiöld advised High Coast Distillery AB (publ) (“High Coast Distillery”) in connection with the direct listing of its shares of Class B on Nasdaq First North Growth Market.

High Coast Distillery was founded in 2007 by a group of whisky interested friends. The first manufacturing equipment and employees were in place in 2010, and the first cask was filled in December that year. The company continuously manufactures single malt whisky and the earnings are divided into three categories, where the sale of bottles amounts to approximately 57 per cent, the sale of casks amounts to approximately 32 per cent and visitors at the visiting centre amounts to approximately 11 per cent. In 2021, around 80 per cent of the company’s sales of bottles took place in Sweden, and around 20 per cent took place through exports to some ten markets globally.

Hammarskiöld’s team mainly consisted of:

Sandra Broneus (Partner)

Erik Fahlgren (Partner)

Aksel Ahlqvist (Associate)

Anton Sjöberg (Associate)