Wilsons Advisory are delighted to have acted Joint Lead Manager and Joint Underwriter on the $47m IPO of Top Shelf International, which listed on the ASX on the 10th of December 2020. Top Shelf is a Melbourne based producer and marketer of high-quality Australian spirit-based beverage brands, with an ambition to create high quality, authentic Aussie spirit brands.
Richard Sherman, Head of Corporate Finance Origination at Wilsons Advisory, said, “Congratulations to Adem Karafili, Drew Farichild and the whole Top Shelf team on their ASX listing, which is an important milestone and a great stepping stone to the future success of the Company. Top Shelf has an exciting growth story ahead of it, and we are thrilled to see such strong investor support behind the next generation of iconic Australian spirits brands.”
Top Shelf’s existing brands include Ned whisky and Grainshaker vodka, with an Australian agave spirit brand expected to launch in 2021. Their agave farm, located in north Queensland, recently exceeded 150,000 plants in the ground.
The company is skilled in the development and production of distilled spirits, has access to research and development expertise as well as modern, fully commissioned and operational fermentation, distillation and packaging facilities in Campbellfield, Victoria.
The IPO positions the Top Shelf business with the financial flexibility to execute on its growth strategy and capitalise on the significant domestic and international opportunities in the spirits market.
For more information contact:
Head of Corporate Finance, Rob Snow
rob.snow@wilsonsadvisory.com.au / (02) 8247 6645
Head of Corporate Finance Origination, Richard Sherman
richard.sherman@wilsonsadvisory.com.au / (03) 9640 3879
About Wilsons Advisory: Wilsons Advisory is a financial advisory firm focused on delivering strategic and investment advice for people with ambition – whether they be a private investor, corporate, fund manager or global institution. Its client-first, whole of firm approach allows Wilsons Advisory to partner with clients for the long-term and provide the wide range of financial and advisory services they may require throughout their financial future. Wilsons Advisory is staff-owned and has offices across Australia.
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