Saronno invests in Irish whiskey

16 October, 2013

Illva Saronno SpA has announced its intention to invest in Walsh Whiskey Distillery, - the producer of The Irishman & Writers Tears super and ultra-premium, craft, Irish whiskey brands.

Saronno says its investment will allow Walsh Whiskey to embark on a €25million expansion programme. The new distillery will have capacity for 400,000 cases annually and the aim is to build a stock of aged whiskeys by increasing warehouse capacity to 1.9 million 9-litre cases.

The Walsh Whiskey Distillery distribution network will be expanded with a view to raising exports from 30 to more than 100 countries, including India and China.

Walsh Whiskey Distillery is described as one of a few independent producers of triple-distilled, branded, Irish whiskey with a guaranteed supply to the growing global market.

Illva Saronno Holdings SpA, is a leading Italian wine and spirits company.

Illva Saronno CEO Augusto Reina, said: “We are extremely delighted to announce the partnership with Walsh Whiskey Distillery today. With this investment, not only will Illva gain production capacity and expertise in a fast growing sector such as that of Irish whiskey - which is already showing remarkable growth rates and is expected to grow up to 12 million cases within the next five years – but it will also enable Walsh Whiskey Distillery to lean on Illva as a leading business developer both in Italy and abroad.”

Walsh was founded in 1999 by husband and wife, Bernard and Rosemary Walsh from Carlow. Over 14 years they have built a range of international drinks brands including a portfolio of six premium Irish whiskeys under The Irishman and Writers Tears brands, the Hot Irishman Irish coffee and the Irishman Irish Cream liqueur.

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