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Losses continue to mount at Dublin Liberties Distillery

Losses continue to mount at Dublin Liberties Distillery Accumulated losses rise to €5.4m for company which opened a distillery in 2019 about 4 hours ago   Dublin Liberties Distillery, whose whiskey brands include the Dubliner, reported a rise in losses last year. The distillery reported a €1.17 million loss for the 12 months to the end of March 2020 to bring accumulated losses to €5.4 million. The company, which has also guaranteed the liabilities of its immediate parent – Quintessential Brands Ireland Whiskey Limited – also had €14.9 million in outstanding loans to Wells Fargo Capital Finance. The distillery is controlled by Quintessential, a company that sells a raft of drinks including gin, whiskey and Irish cream liquors. One-time investment banker Warren Scott and former Campari chief executive Enzo Vizone founded Quintessential in 2011.

Stafford to build €57m whiskey site

Stafford Bonded, a family business involved in the bond storage of alcohol, has received planning permission to develop a whiskey maturation facility in Waterford, which will have a value of €57m when built. Last week, the company received a 10-year planning permission to develop the facility from Waterford City and County Council, subject to 12 conditions. The development will be at the Waterford Airport Business Park, Ballygarran. Once fully developed, Stafford Bonded’s whiskey site will include 38 whiskey maturation warehouses of varying sizes. The company will also develop a new on-site office, including conference rooms for its clients and whiskey investors.

Ireland: Whiskey tasting in Liberties, Dublin s transformed neighbourhood

Ireland: Whiskey tasting in Liberties, Dublin s transformed neighbourhood
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