Bacardi executives take majority on Teeling’s Whiskey board

The Business Post has previously reported that Bacardi was aiming to buy a controlling stake in the Dublin spirits brand

In February, Jack and Stephen transferred €60.5 million-worth of shares into a new corporate vehicle called Teelco Investments

Three senior executives from global drinks giant Bacardi have joined the board of Teeling Whiskey, the Dublin distillery set up by Jack and Stephen Teeling - new filings show.

Filings with the Companies Office show the three executives replaced existing board members Katharine Teeling, Barry E Kabalkin and Scott Roades, giving Bacardi an effective majority on the Teeling Whiskey board.

The appointments -- of Pete Carr, Arvind Krishnan and Tony Latham, all senior executives at ...