UK spirits business Drylaw eyes low-alcohol category and EU expansion.

Drylaw, a UK-based spirits producer, is expanding its business by launching a low-alcohol product and targeting markets in the EU. The company, founded in 2020, has recently started production after refining its distillation process. Drylaw has invested £5m in a distillery in Kent, England, and plans to increase its production from 37,000 bottles to over 48,000 by the end of 2024. The company is also focusing on e-commerce, which accounts for 80% of its sales. Drylaw has completed its first funding round and does not plan to seek further funding. [Extracted from the article]