Carlow Brewing Company, operator of O'Hara's craft beer range, has acquired Wicklow's Craigies Cider.
The sale includes the company's cider production equipment, which will allow Carlow Brewing Company to bring all cider production in-house to the Bagenalstown-based microbrewery this year.
The Carlow company, which also has Falling Apple Irish craft cider in its drinks portfolio, is targeting an annual revenue growth of 25 per cent due to it extending its reach into the cider market, reports the Irish Examiner.
Commenting on the announcement, Seamus O'Hara, CEO of Carlow Brewing Company said: "Today's announcement marks the fruition of many months of discussion and planning with the Craigies team, and we are delighted to welcome the brand to the Carlow Brewing family. The brewery is celebrating its 21st anniversary this year, and we are delighted to start 2017 with this expansion. We value all of the hard work and effort that has gone into the Craigies brand thus far, which has resulted in it becoming one of the most popular and highest quality Irish craft ciders in the country. We intend to continue this tradition, as well as learning from the members of the Craigies team who will continue to be involved in the brand."
Simon Tyrrell, who co-founded Craigies commented: "Carlow Brewing are best positioned to take Craigies to the next level. In moving the business on to them there’s more a sense of passing the baton than selling up."