Glendalough Distillery Records Loss Of Over €361k

By Dave Simpson
Glendalough Distillery Records Loss Of Over €361k

Accounts for Glendalough Irish Whiskey Limited recently filed with the Companies Registration Office have revealed that Glendalough Distillery made a loss of over €361,000 during the 15 month period that ended on March 31, 2019.

The company's loss during the 15 month period was close to €60,000 larger than the loss it made during the preceding shorter 12 month period, as reported by The Irish Times.

Acquisition By Mark Anthony Brands International

Canadian-owned alcoholic beverage group Mark Anthony Brands International took control of Glendalough Distillery in December of 2019 when it purchased the remaining 60% stake of the company that it did not own for a reported €12 million.

© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.