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Ornua Non-Executive Chairman Invests €500k In West Cork Distillers

Published on Sep 3 2020 10:39 AM in Drinks tagged: Trending Posts / west Cork Distillers

Ornua Non-Executive Chairman Invests €500k In West Cork Distillers

West Cork Distillers has received €500,000 from former Kerry Group executive and current dairy product provider Ornua non-executive chairman Denis Cregan, according to The Irish Independent.

Cregan has been a director of West Cork Distillers since December of 2019.

Figures From The Company's Latest Accounts

As reported by The Irish Independent, the latest publicly available accounts for West Cork Distillers indicate that the company's turnover increased from by €7.1 million year-on-year during its 2018 financial year to €26.8 million.

Meanwhile, the company's operated profit increased by €1.4 million to €6.1 million during its 2018 financial year and its pre-tax profit for the period amounted to €6 million.

Products

West Cork Distillers produces a range of whiskeys as well as Two Trees gin and vodka.

© 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.

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