Westward Whiskey has been sold out of bankruptcy to a group of the distillery’s original investors…from the news release. Westward Whiskey Celebrates Bright New Future Following Court Approval for Asset Sale Leading Craft Distiller Regains 100% Independent Ownership Status October 16, 2025 (Portland, Ore.) – On October 1, the United States Bankruptcy Court for the District of Delaware approved the sale of most of Westward Whiskey’s assets to a group of private investors who financed the company during its bankruptcy process. The transaction is expected to close by November 3, and the company will then operate under a new, 100% independent ownership structure. The bankruptcy process allowed Westward to restructure and position itself for success in a challenging business environment, and long-time CEO Thomas Mooney remains at the helm and will continue to lead Westward into the future. While the global spirits market presents the most challenging climate in modern history, Westward has seen solid growth in 2025. Through the end of September, Westward sales grew by 53% versus the same period in 2024, already surpassing its total sales for the entire 2024 calendar year. Additional growth is on the horizon as the holiday season – traditionally the most lucrative sales quarter — is still ahead.

Posted by Mark at 2025-10-16 16:13:27 UTC