Friday January 17, 2020

Teeling warns of ‘shake-out’ in whiskey sector

Entrepreneur says some new distilleries’ fundraising models are not sound

Barry J Whyte

Chief Feature Writer

29th December, 2019
John Teeling, owner of the Great Northern Distillery in Dundalk in Co Louth

The success of Irish whiskey could prove to be a double-edged sword for some of the country‘s newest distilleries, according to the serial entrepreneur and whiskey millionaire John Teeling.

In an interview with the Business Post, the owner of the Great Northern Distillery in Dundalk in Co Louth said there would be “a shake-out” in the sector over the next few years.

“I’ve looked at the various fundraising models...

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