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Luxembourg-based Amber Beverage Group (ABG) has acquired Irish whiskey producer Walsh Whiskey for an undisclosed quantity.
The takeover is efficient from in the present day (11 November) and marks ABG’s first transfer into Irish whiskey.
Walsh Whiskey was established in 1999 by husband-and-wife staff Bernard and Rosemary Walsh.
The corporate’s portfolio contains The Irishman and Writers’ Tears whiskeys, which can be found in additional than 50 nations.
Jekaterina Stuģe, CEO of Amber Beverage Group, commented: “It is a main step for us as an organization. We already personal and bottle 100 manufacturers in addition to distributing and promoting greater than 1,300 third-party manufacturers.
“That is the primary time we now have entered into the whiskey sector and we’re significantly happy that ABG is now a part of the persistently high-growth story that’s the super-premium finish of the Irish whiskey market.”
All current administration and workers at Walsh Whiskey will stay in place following the acquisition, and Bernard Walsh will proceed as managing director of Walsh Whiskey.
He mentioned: “We’re delighted to embark on a brand new section of progress as a part of Amber Beverage Group.
“Given the underlying strengths of our manufacturers and of the long-term trajectory of Irish whiskey, this can be a logical subsequent step for us, offering a method of scaling up the enterprise so {that a} larger variety of shoppers have the chance to take part within the seek for the right drop or ‘taoscán’ of whiskey.
“I’ll proceed to supervise all features of the enterprise and specifically the event and manufacturing of our whiskeys, making certain continuity of the identical flavour profiles and excessive requirements which were the inspiration of our success.
“Our proficient staff is worked up by the larger alternatives that come from being a part of Amber Beverage Group. I additionally take this chance to acknowledge the position that our devoted staff has performed in serving to make Walsh Whiskey the success it’s in the present day.”
Final month, ABG rebranded more of its companies underneath the unifying title ‘Amber’.
Moreover, earlier this month, ABG, which additionally owns manufacturers equivalent to Rooster Rojo Tequila and Riga Black Balsam, set up a business in Germany.