Saturday December 14, 2019

Whiskey company’s losses rise to €1.6m

Barry J Whyte

Chief Feature Writer

26th May, 2019

The Dublin Liberties Whiskey Company saw its losses rise to €1.6 million in 2018 as its owner, British drinks group Quintessential Brands, pumped in €5 million in debt funding.

The company made a loss for the year of €1.1 million, while it had taken out a loan of €5.9 million from US bank Wells Fargo Capital Finance, a debt that was guaranteed by Quintessential, according to the accounts.

Dublin Liberties Whiskey Company was sitting on stocks...

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