MIDDLETON, Wis. – Wisconsin’s largest distillery is on the path to new ownership after filing for bankruptcy last month.
Local competitor Dancing Goat Distillery in Cambridge submitted the winning bid of nearly $2.5 million at a bankruptcy auction last week for Death’s Door Distillery in Middleton, a suburb just six miles west of Madison, the Wisconsin State Journal reported.
Dancing Goat partner Travis Hasse said Death’s Door aligned well because it’s a Wisconsin brand with a good Wisconsin story. He said a closing will likely be held in early January.
Death’s Door filed for bankruptcy in November after sales plateaued and the company faced $6 million in debt to more than 100 creditors.
The bankrupt company’s 25,000-square-foot distillery isn’t part of the sale since Death’s Door leases the property.
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