Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Brexit concerns cause world-leading Perth firm to open German base

The Whisky Auctioneer German base will be managed by Neil Porter.
The Whisky Auctioneer German base will be managed by Neil Porter.

A Perth company which leads the world in online whisky sales has established an office in Germany due to Brexit concerns.

Online auction platform Whisky Auctioneer has tripled its sales in the last three years and sold a million dollar bottle of whisky earlier this year – a record for an online sale.

It has opened an office in Ratheim in response to growing interest in malt whisky in Germany and to have a base in the EU ahead of the end of the Brexit transition period.

Minimising Brexit impact

Iain McClune, founder and managing director of the Inveralmond Industrial Estate company said: “Our European customer base is constantly growing, with over 60,000 website users from Germany alone active in the last year.

Iain McClune, founder and managing director Whisky Auctioneer.

“Launching a German office is key to our strategic aims and we’ll use the new base to build on our solid foundations, facilitating our ongoing growth on the continent and offering our valued European consumers a continued high level of service whilst minimising the impact of Brexit.”

The German base will be managed by Neil Porter who has relocated having previously worked for the company in Scotland.

He will initially place a focus on supporting European customers who are looking to consign bottles for auction, overseeing regular organised bottle pickups with a calendar of dates covering the major German and surrounding European cities and providing logistical support for private collectors looking to consign large collections.

The Whisky Auctioneer German base will be managed by Neil Porter.

The team will provide free bottle valuations and can offer advice and guidance on how to sell whisky at auction.

The services offered will develop over time in line with the needs of customers and the unfolding situation around Brexit.

Turnover of £40m

The Perth-based company, founded in 2013, has 51 employees and an annual turnover of nearly £40m.

Whisky up for auction

Between mid-October and mid-November, Whisky Auctioneer had its largest month both in value and volume across its auctions.

This included a £375,000 hammer price for a bourbon and American whiskey auction, £3.3m hammer price for its monthly auction and £218,000 hammer price for a specialist Glenfiddich Auction.

Strong demand for scotch in Germany

The expansion has been supported by Scottish Development International (SDI).

Johannes Augustin, senior representative Germany, SDI, said: “It is great news that Whisky Auctioneer will be opening an office in Ratheim and we look forward to working with the company as it establishes a presence in Germany.

Whisky Auctioneer has becoming a leading authority on detecting fake whiskies on the secondary market

“There is a strong demand for scotch whisky in Germany, with sales expected to increase by more than 30% by 2025.

“In particular, the rare and high premium segment of whisky is a very promising market.

“Germany is a vital commercial partner for Scotland.  It is Scotland’s fourth largest export destination and our third largest investor in terms of foreign direct investment.

“The decision by Whisky Auctioneer to expand into Germany will further enhance the economic ties that bind our two countries.”

Record online sales by Perth firm

Over the past several years, Whisky Auctioneer has made its mark on the secondary market, proving itself to be one of the world’s leading online auction platforms.

Earlier this year the team made whisky history when it auctioned The Perfect Collection, the most significant collection to ever go on public sale.

It was built and nurtured by the late Richard Gooding, a private collector from Colorado, who was the former owner and president of one of the largest soft-drink distributors in the US.

A highly coveted Macallan 1926 Valerio Adami 60-Year-Old, sold with a hammer price of £825,000, becoming the first million-dollar bottle to be sold at an online auction.

Another record-breaker was a Macallan 1928 Anniversary Malt 50-Year-Old which sold for £92,000.

Record-breaking Perth auction website toasts growing global interest in whisky

Most recently, the company has made headlines with its auction of Pat’s Whisk(e)y Collection, a private collection of over 9,000 bottles from more than 150 Scottish distilleries.

The collection – which also contains bourbon – is so diverse its auctions are being split over a period of nine months.

Already a subscriber? Sign in

[[title]]

[[text]]