CAMBRIDGE, Wis. (WMTV) -- A distillery just outside of Madison won the highest bid to keep Wisconsin's largest distillery on the shelves.
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.
Dancing Goat partner Travis Hasse says Death's Door aligned well because it's a Wisconsin brand with a good Wisconsin story. He says a closing will likely be held in early January.
"The synergy for it. It just makes sense for us as a house of brands to add that gin to our profile."
The Goat has been dancing around Dane County for five years. The distillery's signature whiskey is Limousin Rye. Hasse has been at the liquor business for almost a decade and says he is ready for a big step.
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.
Hasse says he looks forward to expanding the Dancing Goat's horizons and is eager to hopefully have Death's Door apart of his plans.
"We will release more details once the sale is final," Hasse explained.