You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Monday 6 July 2015

Irish Whiskey Company buys Great Northern Brewery from Diageo

22nd August, 2013 by Andy Young

Diageo and the Irish Whiskey Company (IWC) have announced an agreement over the future ownership of the Great Northern Brewery site in Dundalk.

Dundalk Brewery

Diageo’s Paul Armstrong and John Teeling from IWC outside the Dundalk Brewery (Image credit: Keith Arkins)

IWC, which is majority owned by the Teeling family and former Cooley Distillery directors Jim Finn and David Hynes, will acquire the site in September when Diageo moves its brewing operations to St James Gate.

Officially taking over in early 2014, IWC will produce whiskey on the site using some of the existing equipment and will also make investment in the site bringing in specialised whiskey distilling equipment. IWC hopes to start distilling in the third quarter of 2014, with the first mature whiskey available for deliver in late 2017.

John Teeling said: “Irish Whiskey sales continue to grow at double digit rates – a trend that is expected to continue. As the industry grows segments emerge. IWC will supply segments not currently served at all or at best poorly served. Dundalk will be an efficient, low cost quality distillery.

“The focus will be on supplying grain whiskey to pot still distilleries while grain and malt and pot still whiskeys will be supplied as Private Label products to large retailers worldwide and as Bulk Whiskey to companies wishing to develop their own brands.”

Meanwhile a spokesman for Diageo said that he was happy IWC would be taking over the site, while Diageo’s move to St James Gate will secure the future of its brewing operations in Ireland.

Paul Armstrong, supply director brewing, international supply centre, Diageo, said: “Diageo is delighted that the Great Northern Brewery site is being acquired by IWC. This is a vote of confidence in Dundalk and will help to ensure that the town remains an important economic hub in the North-East. Diageo will now begin the process of making the site environmentally safe for the handover.

“The strong brewing legacy of Dundalk will live on in the great taste of Harp Lager which is enjoyed all over the world. By centralising brewing at St James Gate, we have secured the future of brewing in Ireland well into the future. This ensures that great brands like Guinness, Smithwick’s and Harp will continue to be brewed in Ireland.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

World's most extravagant wineries

With Château Margaux preparing to unveil its new winery and cellar, designed more...

Top 10 worst estates for en primeur returns

Using Liv-ex's data, db rounds up the worst 10 châteaux for en primeur more...

F1 drivers back anti-drink driving push

Formula One stars took part in a major anti-drink driving campaign spearheaded more...

Marketing and eCommerce Manager

London, United Kingdom

Competitive, includes equity options

Top 10 Negroni spots in London

As the Campari Red Night District takes over London's Shoreditch, we round up more...

How to become a 'wine expert' in four hours

A doctor of psychology has devised 10 simple steps which he claims can set you more...

Diageo appoints North America president

Deirdre Mahlan, Diageo's chief financial officer, has been announced as the more...

Sales Executive - Wines & Spirits Competitions

London, United Kingdom

Competitive

10 richest people in the UK drinks trade

As The Sunday Times Rich List 2015 reveals the wealthiest individuals in more...

Santa Rita launching new Irish campaign

Chilean wine producer Santa Rita Estates is spending €500,000 on a new more...

Diageo 'shelves' £240m Chinese scheme

Swellfun, the Chinese subsidiary of drinks giant Diageo, has reportedly more...

UK Sales Manager

London, United Kingdom

The London Wine Fair in pictures

From red trews and foie gras macaroons to 2CVs, wine on tap and temporary more...

Top 10 wine brands 2015

In a year that saw major shifts in the global wine market, the drinks business more...

Diageo closes in on £200m Gleneagles deal

Drinks giant Diageo is reportedly “close” to agreeing a sale of its luxury more...

Business Development Executive

London, United Kingdom

£25-£30K + benefits, depending on experience

Top 10 banned alcoholic drinks

The drinks trade has seen its fair share of drinks banned from public more...

Top 10 modern wine drinker stereotypes

From Rioja lovers to Champagne quaffers, the drinks business has more...

Suntory's exquisite 3D-printed ice cubes

As far as advertising campaigns go, this collection of miniature ice cube more...

PR Manager

Competitive

Top 10 new products

This month's top releases include a Champagne tankard designed by Pol Roger, more...

Top 10 architectural wonders of the wine world

You don't have to look far to find stunning examples of architectural prowess more...

Top 10 ways to reuse a wine bottle

If you are anything like the db team, it won't take long to amass a collection more...

Hatch Mansfield – Brand Manager

London, United Kingdom

Competitive salary

Diageo confirms Gleneagles sale to Shoreditch group

Diageo has confirmed the sale of its luxury hotel and golf resort in more...

Top 10 estates for en primeur returns

db rounds up the 10 best Bordeaux estates for en primeur returns on more...