Reflecting on a Successful Q3 2024: Achievements, News and What’s Next for Q4.

October 10, 2024

Q3 of 2024 has been full of growth and excitement for Tomoka Fine & Rare. From new partnerships and exclusive premium whisky cask acquisitions to record-breaking whisky investment returns, we’ve continued to push the boundaries of what’s possible in the whisky investment space. Here’s a roundup of our biggest achievements and what’s to come as we head into Q4.

Expansion at Tomoka Fine & Rare

Tomoka Fine & Rare is making significant strides in the whisky investment UK market, highlighted by our recent office move to a larger space in the City of London. This strategic shift accommodates our expanding team and growing clientele. To support this expansion, Tomoka has on-boarded three new Whisky Cask Specialists, with further plans for growth well into 2025—a move that reflects our ongoing commitment to providing premium whisky investment opportunities and expertise in the high-end cask whisky investment market.

Our Founder Joins the London Chamber of Commerce

The company’s growth is not limited to physical space. Owner Jass Patel has become a key figure in the London business community by joining the prestigious London Chamber of Commerce. His inclusion in this network positions Tomoka to expand its influence among professionals and business leaders in the capital. Jass will also be contributing quarterly articles to London Business Matters, the Chamber’s magazine, where he’ll share his insights on the evolving rare whisky investments market.

City Giving Day 2024

We were proud to support City Giving Day again this year, an annual initiative by the Lord Mayor’s Appeal, where businesses across London come together to raise funds for impactful charities. This year, the focus was on Suited and Booted, Smart Works, and The Trussell Trust—organisations dedicated to helping individuals regain employment and access essential services. We attended a networking event hosted by the London Chamber of Commerce, where the Lord Mayor shared his inspiring work, and we donated items to contribute to these worthy causes.

New UK-Thailand Trade Deal Uncorks Opportunities for Scotch Whisky in Southeast Asia

The recent UK-Thailand trade deal is set to significantly benefit Scotch whisky investment by reducing import barriers and boosting trade opportunities. With the Thai middle class expected to double by 2030, this agreement positions Scotch whisky to thrive in a high-growth market, potentially generating an additional £40-£70 million in revenue over five years and solidifying its presence in Southeast Asia. This development also enhances the appeal of whisky investment opportunities for those looking to diversify into emerging markets. More information can be found on the UK Gov. website.

Distillery of the Month: Powerscourt 

Powerscourt Distillery, nestled in the heart of County Wicklow’s iconic Powerscourt Estate, embodies the perfect blend of heritage, craftsmanship, and innovation, making it our Distillery of the Month for October. Renowned for its exceptional Irish whiskey casks, Powerscourt marries time-honoured Irish whiskey-making traditions with a modern approach, crafting spirits that are as complex as they are refined. The distillery’s commitment to quality is evident in every bottle, from its use of the estate’s pure spring water to its small-batch distillation techniques. Powerscourt stands out as a beacon of contemporary Irish whiskey, offering our clients not only a superior product but also a true taste of Ireland’s rich distilling heritage.

For whisky enthusiasts and fine whisky collectors alike, these developments signify a promising opportunity to engage with a firm that’s not only growing in size but also in influence and expertise. With the combination of a dynamic team and Jass Patel’s growing visibility in the whisky cask brokerage community, Tomoka Fine & Rare is poised for an exciting 2025 and beyond. Find out more about Cask Whisky Investments and our services by contacting us today.

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