Jame­son maker con­firms it is look­ing at a new dis­tillery as de­mand soars

Irish Independent - Business Week - - Front Page - John Mul­li­gan

IR­ISH Dis­tillers has con­firmed it is con­sid­er­ing the con­struc­tion of a new dis­tillery in Ire­land as global sales of its Jame­son whiskey brand con­tinue to soar.

The Ir­ish In­de­pen­dent re­ported this week that the com­pany, part of France’s Pernod Ri­card drinks gi­ant, was plot­ting the new dis­tillery, which looks set to be in a new lo­ca­tion away from its dis­till­ing epi­cen­tre in Mi­dle­ton, Co Cork.

Ir­ish Dis­tillers’ CEO and chair­man Conor McQuaid said yes­ter­day in me­dia in­ter­views that there are “no plans in place at the mo­ment” and that the re­port was “pre­ma­ture”.

How­ever, the com­pany later is­sued a state­ment con­firm­ing that a new dis­tillery is one of the op­tions be­ing ex­am­ined.

“We are cur­rently ex­am­in­ing all op­tions to in­crease our pro­duc­tion ca­pac­ity to meet pro­jected de­mand and build­ing a new dis­tillery is one of them,” it said.

It added: “Our ob­jec­tive is to drive the growth of our port­fo­lio of pre­mium Ir­ish whiskey brands sup­ported by the strength of the Pernod Ri­card global dis­tri­bu­tion net­work. We take a long-term view and nat­u­rally, as we grow, there are im­pli­ca­tions for our busi­ness.”

Sales of Jame­son have jumped, with 7.3 mil­lion cases of the whiskey sold around the world in the 12 months to the end of June. It also con­firms Jame­son’s po­si­tion as one of the top four whiskey brands in the world.

Al­most half of Jame­son sales, or 3.5 mil­lion cases, were in the United States in the last fi­nan­cial year. The value of Jame­son sales in the US rose 14pc in the pe­riod, mir­ror­ing the 14pc growth of the brand across the world.

The to­tal num­ber of cases sold in the pe­riod rep­re­sented vol­ume growth of 12pc.

The per­for­mance of Jame­son dur­ing the year was one of the best of the French group’s sta­ble of brands, with sales growth of Martell match­ing the whiskey in value terms.

Jame­son sales hit 7.3 mil­lion cases in the last fi­nan­cial year.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.