Nephin Whiskey secures €2.5m investment from Davy

The Davy EIIS Fund has emerged as Nephin Whiskey’s latest backer after the distillery secured a €2.5 million investment that will allow it to complete work on its Mayo facility.

The fund is a joint venture between Davy Group and advisory firm BDO and has been investing in high-growth Irish businesses for 20 years under the Employment Incentive and Investment Scheme (EIIS) and its predecessor, the Business Expansion Scheme (BES).

The EIIS allows ...