US-based distillery Death’s Door Spirits has filed for Chapter 11 bankruptcy and is seeking new ownership.

The distillery has a capacity to produce more than 250,000 cases on an annual basis.

By declaring bankruptcy, the company intends to restructure and continue its operations under a new ownership.

Based in Middleton, Wisconsin, Death’s Door has been engaged in the production whiskey, as well as other spirits using grains that were locally grown on Washington Island.

In a statement, the company said: “Death’s Door has been talking with new investment partners and potential acquiring groups for almost two years. The result of those conversations has been that Chapter 11 is necessary to close a successful transaction for the stakeholders in Death’s Door and the future of the Death’s Door products.

“Death’s Door has been talking with new investment partners and potential acquiring groups for almost two years.”

“We also want to use this time to reaffirm our many commitments, to our fans and supporters, to our families and friends, to the bartenders, restaurateurs, shop owners and managers, and last but certainly not least, the community of Washington Island that allows us to share the beauty and splendour of their home with the world.”

The company added: “While this may seem like the time to stop and ‘wait and see’ with Death’s Door, we would urge you to do the opposite. Now, more than ever, we need your support.

“By choosing to buy our products, ordering it from your sales rep or off of a menu, talking about it and recommending it to friends, enjoying it at home with others during this holiday season, you are going to help the brand emerge from Chapter 11 under new ownership healthier and stronger than ever.”

The spirits maker has also ended its partnership with Don Q Rum, which the companies signed in 2011.