Stock Spirits Makes €18.3m Investment In Irish Whiskey
Stock Spirits Group has announced that it has entered into an agreement with Quintessential Brands Group for the acquisition of a 25% equity interest in Quintessential Brands Ireland Whiskey Limited (QBIW) for up to €18.3m.
QBIW, which owns The Dublin Liberties and The Dubliner Irish Whiskey brands, is the Irish whiskey business of Quintessential Brands.
These brands comprise a range of ultra-premium through to standard Irish whiskey products which are currently on sale in over 30 countries, with in excess of 32,000 9L cases sold in the 12 months to 31 March 2017.
Stock Spirits Group said that the Dubliner Irish Whiskey has just become the fastest growing Irish whiskey globally.
QBIW is currently building The Dublin Liberties Distillery in the centre of Dublin, a state-of-the-art distillery which will also include a visitor and brand experience centre.