Mark Scanlan, Founder Cask Empire
The Private Cask market has grown substantially over the past 5 or 6 years and whereas we only had a handful of private cask owners 10 years ago, today Cask Empire estimates they are in excess of 100,000 private cask owners.
Many of these cask owners won’t elect to bottle the cask but instead trade it on the secondary cask market, which cane alive in 2024. We have a created a two-way platform that connects the buyer and seller at ease, meaning in most circumstances there will no need for a broker.
Once the transaction is complete on the buyer side, our team will liaise with the seller to request to adequate to documentation from the warehouse to change ownership. Then you have your own account at that warehouse (arranged by Cask Empire) meaning your cask will have no ties any company or broker!
Let’s raise a dram to the future of whisky cask trading!