Stock Spirits acquires alcohol producer Novel Ferm
Stock Spirits is pleased to announce the acquisition of Novel Ferm, a high quality ethanol manufacturing business located near Rostock in North Eastern Germany.
Novel Ferm is a very modern and high quality producer of alcohol, established 7 years ago with a production capacity of 20million litres of ethanol per year. This will be used to supply Stock manufacturing plants in Poland and the Czech Republic, focusing in particular on our higher quality products.
Upon acquisition by Stock Spirits, Novel Ferm is being renamed Baltic Distillery.
Chris Heath, Stock CEO, commented:
“By acquiring Novel Ferm we can ensure control over the supply our primary raw material, and Novel Ferm, or Baltic Distillery as it will be known, will become a key part of the supply chain which ends up with consumers enjoying our brands all over the world. A fundamental part of our strategy is to produce superior quality products, and we see Baltic Distillery as an important contributor to that in future.”