William Chase (entrepreneur)

William Chase
Born William Chase
Herefordshire, UK
Residence Herefordshire, UK
Nationality British
Occupation Entrepreneur
Years active 1980–present
Children James Chase, Harry Chase, Austin Chase, Thomas Chase

William Chase is a British entrepreneur based in Herefordshire, UK. He is the founder and former owner of the Tyrrells crisp brand and his current business ventures include Chase Distillery, Ltd. that produces Chase Vodka and Williams Gin.

Early life

William Chase grew up on his family’s farm, Tyrrells Court, near Dilwyn in Herefordshire.[1] Having purchased the farm from his father at the age of 20 with a bank loan of £200,000,[2] a poor potato harvest and high interest rates forced him to declare bankruptcy in 1992.[3] He then re-established his business and began trading in potatoes to generate additional income.[4]

Tyrrells

In 2002, William Chase launched Tyrrells: a premium crisp brand made from potato varieties grown on his farm, including Lady Rosetta and Golden Wonder.[5] Chase initially favoured upmarket outlets such as Fortnum & Mason, Selfridges and Harrods, and independent retailers over mass-market sellers,[6] notably by forcing Tesco to cease stocking the product in 2006.[7] Turnover reached £14 million by 2008,[3] when he sold a majority stake in the firm to investment company Langholm Capital for £30 million.[5]

Chase Distillery

William Chase invested the proceeds from the sale of equity in Tyrrells to found the Chase Distillery, Ltd. in 2008.[8] Initially, the distillery focused exclusively on producing high-quality potato vodka from potatoes grown on site. The construction of an exceptionally tall 70 ft rectification column enabled Chase Vodka to be distilled up to 119 times.[5] Chase Vodka sales totalled £140,000 in the first year and the brand quickly achieved success on the export market.[2] William Chase gradually developed and brought new products to market including fruit liqueurs (notably Chase Elderflower Liqueur) and flavoured vodkas (e.g. Chase Marmalade Vodka and Chase Smoked English Oak Vodka).

Chase Distillery is also responsible for the production of Williams Gin, which uses Chase Vodka as its base spirit. The alcohol is then infused with botanicals using a traditional carter head style still[9] to create a range of products including Williams Elegant Gin, Williams Sloe and Mulberry Gin, Chase Eureka Citrus Gin and Williams Seville Orange Gin.

Williams Chase

As of 2016, the Chase Distillery forms part of the Williams Chase brand. Maison Williams Chase wines are cultivated at the Château Constantin (previously called Château Constantin-Chevalier) in the French Provence region.[10]

See also

References

  1. http://williamschase.co.uk/pages/our-story. Retrieved 26 May 2016
  2. 1 2 Arnott, Sarah (6 January 2011). "William Chase: From posh crisps to best potato vodka". The Independent. Retrieved 26 May 2016.
  3. 1 2 Smale, Will (8 February 2016). "The potato farmer who swapped bankruptcy for making millions". BBC. Retrieved 26 May 2016.
  4. Wall, Emma (3 July 2016). "Fame & Fortune:Tyrrells Crisps founder William Chase". The Telegraph. Retrieved 26 May 2016.
  5. 1 2 3 Huix, Anna (11 June 2010). "The family behind the Tyrrells crisps brand has found a new use for its potatoes - artisan vodka". The Independent. Retrieved 26 May 2016.
  6. Miller, Rachel. "How I created the world's best vodka from my potato farm in Herefordshire". The Marketing Donut. Retrieved 26 May 2016.
  7. Milmo, Dan (18 September 2006). "Crunch time for Tesco in row with crisp maker". The Guardian. Retrieved 26 May 2016.
  8. Neate, Rupert (1 August 2013). "Tyrrells crisp firm makes a packet in £100m sale". The Guardian. Retrieved 26 May 2016.
  9. Williams, Rebecca (25 February 2014). "Williams Chase Gin: The Distillery Tour". The Huffington Post. Retrieved 26 May 2016.
  10. Kearns, Emily (16 May 2013). "Chase to make biodynamic wine and vermouth in Provence". Harpers. Retrieved 26 May 2016.

External links

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