Teeling Reportedly Eyes Diageo’s Harp Brewery As Site For New DistilleryAugust 19, 2013
Irish whiskey player John Teeling is said to be exploring an acquisition of Diageo’s Harp Brewery in Dundalk with plans to convert it into a distillery. Citing unnamed sources, Ireland’s Sunday Independent reported over the weekend that Teeling plans to use the facility as the base for a private label Irish whiskey business, similar to his former operation at Cooley Distillery, which Teeling sold to Beam for $95 million in 2011. Beam has cut back on contract distilling at Cooley in order to concentrate on the distillery’s branded business, particularly Kilbeggan.
The Dundalk site could also produce branded offerings for Teeling Whiskey Co., the new venture of Teeling’s sons Jack and Stephen. The Teelings haven’t commented on the report. Diageo had planned to close the Harp Brewery this year, consolidating Irish beer production at its St. James’s Gate facility. Click here to read excerpts from Whisky Advocate’s recent interview with the Teelings.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.