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.

Whisky News source url:

http://www.independent.ie/business/irish/tech-guru-peirce-among-investors-in-wicklows-powerscourt-distillery-as-it-raises-375m-35556572.html

https://www.rte.ie/news/business/2015/0921/729222-powerscourt-whiskey/

http://www.irishtimes.com/business/manufacturing/powerscourt-distillery-and-visitor-centre-to-create-18-jobs-1.2359189

http://powerscourtdistillery.com/

http://wicklownews.net/2016/05/powerscourt-distillery-granted-planning-for-new-distillery/

Whisky News source date:

Tuesday, April 25, 2017

JOHNNIE WALKER LAUNCHES BLADE RUNNER WHISKY

The Johnnie Walker label is synonymous with some of the world’s finest Scotch whisky. Originating in 15th century Scotland, the distillery was soon taken over by John Walker who wanted to provide a consistent-tasting whisky with his skilled blending and the rest, as they say, is history.

Jura Geared Up To Launch a Limited Edition Whisky

Jura announced the launch of its limited edition whisky in May. The distiller unveiled the new bottling at the annual island whisky festival that kicked off on June 1st 2017. The festival is unique and known for its consistent focus on crafting innovative ways to add that extra oomph to your whisky drinking experience. It lets whisky enthusiasts experience various exciting flavours. Not only the whisky pros, but also those new to the world of whisky can totally relish the fancy event.

Real Ale Introduces Whiskey And Gin

Real Spirits Distilling Co., an extension of Branco’s Real Ale Brewing, has made a debut by unveiling two new expressions of whiskey and a gin. The whiskeys, namely Texas Hill Country Single Barrel Whiskey and Texas Hill Country Signature Whiskey, have been either blended or taken from a barrel of nonage statement whiskey, roughly two years old. The ‘Grain to Glass Gin’ on the other hand, has been made from a blend of botanicals, exclusively sourced from Texas. Real Spirits has emphasized the weather and vegetation of Hill Country to develop a Texas terroir for both the offerings.