Friday September 25, 2020

The amazing story of how the Alken family lost one of Ireland's best-known wine businesses

How, through banks, borrowing and legal disputes, the Alken family lost Febvre, one of the country's best-known wine and spirit importers

30th October, 2016
Greg Alken, co-founder of Alken Brothers Wine Merchants

In early 2014, the managing director of one of the country’s best-known wine and spirits importers, Febvre & Co, sent a letter to shareholders which painted a stark picture of the health of the business.

Anthony Alken, who was then running Febvre with his brother Greg, warned in the letter of Febvre’s “ongoing financial problems”. Padmore, a company controlled by his father-in-law, businessman Frank Woods, had lent Febvre €2.49 million to date; no other...

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