Tag: The Spirits Business

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Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery @spiritsbusiness

Roe & Co pauses production

30 June 2025By Lauren Bowes

Diageo-owned Irish brand Roe & Co is the latest whiskey distillery to halt production, although it will continue blending and packaging existing inventory.

A Diageo spokesperson said: “In order to optimise resources and support the sustainable future growth of our business, we have made the decision to put an extended pause on distillation at the Roe & Co Distillery.

“The visitor centre will remain open to the public, and we will continue to blend and package Roe & Co to meet existing and new consumer demand using existing inventory.”

It is understood that a consultation process is under way with a small number of employees impacted by the move.

Earlier this year, Diageo paused production and barrel filling at its carbon-neutral whiskey distillery in Lebanon, Kentucky, stating it was “ahead of schedule with the volume we produce at the site”.

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery. We recently looked into why major whisky makers are struggling with oversupply.

The Dublin-based distillery first launched in 2017, as Diageo’s first move back into Irish whiskey following its disposal of Bushmills in 2014. Production began in 2019.

The brand was named after George Roe, who was once behind the biggest distillery in Ireland – George Roe & Co – which closed in 1926.

It released its first single malt in 2020, a 13-year-old Irish whiskey matured in Port casks. Recently, it created a solera whisky using some of its very first casks.

In other Irish whiskey news, today it was revealed that County Wicklow’s Powerscourt Distillery had appointed a receiver.

Posted on

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties @spiritsbusiness

Powerscourt Distillery calls in receiver

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties.

Powerscourt Distillery secured a loan in 2023 to increase production and market expansion

The producer of Fercullen whiskey confirmed on its website that it had appointed Mark Degnan of Interpath Advisory as its receiver on 26 June.

The distillery will remain open to the public and continue to process online retail sales, it noted in the statement.

The appointment of a receiver is typically used to manage or take control of a company’s assets, usually when a company defaults on its financial agreements.

In April last year, Powerscourt confirmed it was “continuously examining options to secure additional growth capital” to boost its production capabilities, enhance brand development and support market expansion. The statement was made in response to a report that it was exploring a sale of the business.

In 2023, Powerscourt Distillery secured a €25 million (US$27.4m) loan from PNC Business Credit to drive forward its global growth plans.

Several distilleries have faced challenges such as oversupply and surging costs in the past year, prompting temporary closures and the appointment of receivers.

In April this year, Ireland-based Killarney Brewing & Distilling Company hired an interim examiner to safeguard the business after experiencing a whiskey supply glut and surging costs.

Last year, Mark Reynier’s Irish whiskey distillery Waterford also appointed Interpath’s Degnan and Daryll McKenna as its receivers to “secure the future of the business”.

The Spirits Business has approached Interpath Advisory for comment. Powerscourt did not provide a statement, and instead requested enquiries to be sent to Interpath.

The Powerscourt Distillery and visitor centre opened to the public in 2019, following the build of a €10m (US$11.8m) distillery at the Powerscourt Estate in Enniskerry.

Posted on

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties @spiritsbusiness

Powerscourt Distillery calls in receiver

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties.

Powerscourt Distillery secured a loan in 2023 to increase production and market expansion

The producer of Fercullen whiskey confirmed on its website that it had appointed Mark Degnan of Interpath Advisory as its receiver on 26 June.

The distillery will remain open to the public and continue to process online retail sales, it noted in the statement.

The appointment of a receiver is typically used to manage or take control of a company’s assets, usually when a company defaults on its financial agreements.

In April last year, Powerscourt confirmed it was “continuously examining options to secure additional growth capital” to boost its production capabilities, enhance brand development and support market expansion. The statement was made in response to a report that it was exploring a sale of the business.

In 2023, Powerscourt Distillery secured a €25 million (US$27.4m) loan from PNC Business Credit to drive forward its global growth plans.

Several distilleries have faced challenges such as oversupply and surging costs in the past year, prompting temporary closures and the appointment of receivers.

In April this year, Ireland-based Killarney Brewing & Distilling Company hired an interim examiner to safeguard the business after experiencing a whiskey supply glut and surging costs.

Last year, Mark Reynier’s Irish whiskey distillery Waterford also appointed Interpath’s Degnan and Daryll McKenna as its receivers to “secure the future of the business”.

The Spirits Business has approached Interpath Advisory for comment. Powerscourt did not provide a statement, and instead requested enquiries to be sent to Interpath.

The Powerscourt Distillery and visitor centre opened to the public in 2019, following the build of a €10m (US$11.8m) distillery at the Powerscourt Estate in Enniskerry.

Posted on

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery @spiritsbusiness

Roe & Co pauses production

30 June 2025By Lauren Bowes

Diageo-owned Irish brand Roe & Co is the latest whiskey distillery to halt production, although it will continue blending and packaging existing inventory.

A Diageo spokesperson said: “In order to optimise resources and support the sustainable future growth of our business, we have made the decision to put an extended pause on distillation at the Roe & Co Distillery.

“The visitor centre will remain open to the public, and we will continue to blend and package Roe & Co to meet existing and new consumer demand using existing inventory.”

It is understood that a consultation process is under way with a small number of employees impacted by the move.

Earlier this year, Diageo paused production and barrel filling at its carbon-neutral whiskey distillery in Lebanon, Kentucky, stating it was “ahead of schedule with the volume we produce at the site”.

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery. We recently looked into why major whisky makers are struggling with oversupply.

The Dublin-based distillery first launched in 2017, as Diageo’s first move back into Irish whiskey following its disposal of Bushmills in 2014. Production began in 2019.

The brand was named after George Roe, who was once behind the biggest distillery in Ireland – George Roe & Co – which closed in 1926.

It released its first single malt in 2020, a 13-year-old Irish whiskey matured in Port casks. Recently, it created a solera whisky using some of its very first casks.

In other Irish whiskey news, today it was revealed that County Wicklow’s Powerscourt Distillery had appointed a receiver.

Posted on

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery @spiritsbusiness

Roe & Co pauses production

30 June 2025By Lauren Bowes

Diageo-owned Irish brand Roe & Co is the latest whiskey distillery to halt production, although it will continue blending and packaging existing inventory.

A Diageo spokesperson said: “In order to optimise resources and support the sustainable future growth of our business, we have made the decision to put an extended pause on distillation at the Roe & Co Distillery.

“The visitor centre will remain open to the public, and we will continue to blend and package Roe & Co to meet existing and new consumer demand using existing inventory.”

It is understood that a consultation process is under way with a small number of employees impacted by the move.

Earlier this year, Diageo paused production and barrel filling at its carbon-neutral whiskey distillery in Lebanon, Kentucky, stating it was “ahead of schedule with the volume we produce at the site”.

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery. We recently looked into why major whisky makers are struggling with oversupply.

The Dublin-based distillery first launched in 2017, as Diageo’s first move back into Irish whiskey following its disposal of Bushmills in 2014. Production began in 2019.

The brand was named after George Roe, who was once behind the biggest distillery in Ireland – George Roe & Co – which closed in 1926.

It released its first single malt in 2020, a 13-year-old Irish whiskey matured in Port casks. Recently, it created a solera whisky using some of its very first casks.

In other Irish whiskey news, today it was revealed that County Wicklow’s Powerscourt Distillery had appointed a receiver.

Posted on

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties @spiritsbusiness

Powerscourt Distillery calls in receiver

Powerscourt Distillery has become the latest Irish whiskey producer to appoint a receiver as it faces financial difficulties.

Powerscourt Distillery secured a loan in 2023 to increase production and market expansion

The producer of Fercullen whiskey confirmed on its website that it had appointed Mark Degnan of Interpath Advisory as its receiver on 26 June.

The distillery will remain open to the public and continue to process online retail sales, it noted in the statement.

The appointment of a receiver is typically used to manage or take control of a company’s assets, usually when a company defaults on its financial agreements.

In April last year, Powerscourt confirmed it was “continuously examining options to secure additional growth capital” to boost its production capabilities, enhance brand development and support market expansion. The statement was made in response to a report that it was exploring a sale of the business.

In 2023, Powerscourt Distillery secured a €25 million (US$27.4m) loan from PNC Business Credit to drive forward its global growth plans.

Several distilleries have faced challenges such as oversupply and surging costs in the past year, prompting temporary closures and the appointment of receivers.

In April this year, Ireland-based Killarney Brewing & Distilling Company hired an interim examiner to safeguard the business after experiencing a whiskey supply glut and surging costs.

Last year, Mark Reynier’s Irish whiskey distillery Waterford also appointed Interpath’s Degnan and Daryll McKenna as its receivers to “secure the future of the business”.

The Spirits Business has approached Interpath Advisory for comment. Powerscourt did not provide a statement, and instead requested enquiries to be sent to Interpath.

The Powerscourt Distillery and visitor centre opened to the public in 2019, following the build of a €10m (US$11.8m) distillery at the Powerscourt Estate in Enniskerry.

Posted on

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery @spiritsbusiness

Roe & Co pauses production

30 June 2025By Lauren Bowes

Diageo-owned Irish brand Roe & Co is the latest whiskey distillery to halt production, although it will continue blending and packaging existing inventory.

A Diageo spokesperson said: “In order to optimise resources and support the sustainable future growth of our business, we have made the decision to put an extended pause on distillation at the Roe & Co Distillery.

“The visitor centre will remain open to the public, and we will continue to blend and package Roe & Co to meet existing and new consumer demand using existing inventory.”

It is understood that a consultation process is under way with a small number of employees impacted by the move.

Earlier this year, Diageo paused production and barrel filling at its carbon-neutral whiskey distillery in Lebanon, Kentucky, stating it was “ahead of schedule with the volume we produce at the site”.

Roe & Co joins other Irish distilleries on pause, including Pernod Ricard’s Midleton Distillery, Tullamore, and Dublin Liberties Distillery. We recently looked into why major whisky makers are struggling with oversupply.

The Dublin-based distillery first launched in 2017, as Diageo’s first move back into Irish whiskey following its disposal of Bushmills in 2014. Production began in 2019.

The brand was named after George Roe, who was once behind the biggest distillery in Ireland – George Roe & Co – which closed in 1926.

It released its first single malt in 2020, a 13-year-old Irish whiskey matured in Port casks. Recently, it created a solera whisky using some of its very first casks.

In other Irish whiskey news, today it was revealed that County Wicklow’s Powerscourt Distillery had appointed a receiver.