MARK ANGUS JOINS EXCLUSIVE SCOTCH WHISKEY SOCIETY
The Powercourt Distillery recently secured a funding of USD3.75 million for their plans to convert an old mill house into a distillery. This is expected to produce over a million bottles of Irish whiskey each year.
Interestingly, the investors come from diverse backgrounds, but seem to share a common interest—their love for whiskey. The co-founder of the distillery, Ashley Gardner, invested €380,000. He also happens to be a co-owner and director of a company that undertakes shop fit-outs, Dublin Display Centre. Gardner’s firm has, in addition, invested €95,000 in the distillery. Another investor, Gerry Ginty—the co-founder and director of the Powerscourt Distillery—entered the whiskey business after working over six years as a Project Management Consultant at Accenture.
It seems the whiskey distilleries attracted whiskey aficionados from the technology sector as well. Mentec’s Mike Peirce and his son Alexander have separately invested €750,000 and €375,000 respectively. The two will also be part of the distillery’s board of directors. Others include the Powerscourt estate property owners, the Slazenger family (€1.5m), and a shop fit-out firm’s director, Anthony Murphy (€185,000).
Located at the foothills of Wicklow Mountains, the picturesque estate—soon to be a distillery—has been planning to raise funds since 2015. Last year, it received planning permission to begin constructing this distillery. With additional funding, the efforts towards whiskey production is expected to accelerate. The distillery is aims to appoint about 18 full-time employees for this purpose.
Islay Shines Among Single Malt Destinations
It is a legacy of over 200 years. One of the world’s most prominent sites for whisky is housed at Islay on Scotland’s West coast. In fact these illustrious smoky single malts are the main economic drivers of this region.Read More
Devils River Whiskey Hits Stores in Early April
Devils River Whiskey, the latest small-batch bourbon from Texas, will be available in stores, beginning of April. The bourbon echoes the water it draws its name from, the Devil’s River, packed with rich flavors in each drop.Read More
Smokes and Whiskey by Tejaswini Divya Naik
Smokes and Whiskey-- the titular combination is indeed a fine one! From social drinkers to the moderately frequent ones, all would agree that the two are almost inseparable. The duo is terrific when the heart is broken into unpolished fragments, body refuses to leave the comforter that is perhaps the only shield, and the brain unable to untangle the frightful thoughts that twist themselves into impenetrable knots. Most certainly, we are referring to a post break-up syndrome and so is Tejaswini Divya Naik, through the brilliance of words in her book. Consisting of 42 poems, ‘Smokes and Whiskey’, takes you through the journey comprising the most intriguing leaps and bounds that life has to offer. The verses are mostly about how each ‘leap’ turns out to be a lesson in itself, and ‘bound’ becomes the strategic expansion of the body’s ability to respond to the surrounding that suddenly seems to be dampened like a thin cloth drenched in rain water accumulated through a week.Read More