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Powerscourt Distillery in Ireland sold to US firm Altiva Management, ending receivership and boosting growth.
Powerscourt Distillery in Ireland has agreed to be sold to US firm Altiva Management, ending its receivership after financial struggles.
The deal includes the distillery’s brands, intellectual property, leasehold, and bulk whiskey inventory, with a cash injection expected to boost growth and innovation.
All staff will transfer, and operations will continue under the Fercullen brand.
The sale reflects international confidence in Ireland’s whiskey industry.
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Powerscourt Distillery en Irlanda fue vendida a la empresa estadounidense Altiva Management, lo que puso fin a la quiebra y estimuló el crecimiento.