We were delighted to help save Neptune Rum from Administration.
Neptune Rum was most recently recognised as the worlds’ most awarded rum of 2018/19, winning Best British rum brand and best Barbados rum. Incorporated 2016 with registered office in Cheltenham, Gloucestershire, the brand has won more than 65 global awards since 2018.
The company had ambitious growth plans for the future, with the aim of securing world-wide travel retail distribution. But, as with many other businesses, the COVID-19 crisis jeopardized these projects. The pandemic had a huge economic impact on the business and as a consequence, Neptune Rum went into administration.
With our support, two of our clients and long term business partners purchased Neptune Rum and its assets from the administrator, KRE Corporate Recovery. Its new owners have ambitious plans with the objective to enable Neptune Rum to recover from the devastating effects of the pandemic and to resume its growth plans.