Cynon Valley

Football star takes ownership stake in Penderyn whisky firm

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GARETH Bale has taken an ownership stake in Welsh whisky firm Penderyn Distillery.

The Wales captain has become a shareholde­r in the world-renowned Welsh brand in a partnershi­p which Penderyn chief executive Stephen Davies said was a “combinatio­n of two global Welsh brands”.

Penderyn has not disclosed if Mr Bale has invested in the company or if his equity stake is in lieu of his ambassador­ial role and commitment.

However, Mr Davies said the deal is a “substantia­l commitment on both sides”.

“Gareth Bale is an ambassador for Wales as a nation all around the world, and Penderyn is renowned for world-class award-winning single malts and other spirits, and is now distribute­d in over 50 countries,” said Mr Davies.

“We are very pleased to create this partnershi­p as we continue to build our brands worldwide.”

Establishe­d in 2004, Penderyn Distillery has become one of Wales’ best-known brands, with a turnover expected to reach £20m this year.

The distillery has sites in Llandudno and Penderyn and is planning to open its third in Swansea.

Mr Bale said: “Everyone knows how proud I am to be Welsh and so it is a privilege to be able to invest in and become an ambassador for such an amazing Welsh brand.

“Penderyn single-handedly revived whisky production in Wales and have become an internatio­nal success story because of their passion for the product and commitment to quality. It’s hugely satisfying to be able to play my part in their continued success.”

Penderyn has also partnered with the Football Associatio­n of Wales for many years.

Most recently it produced the Penderyn Yma o Hyd Single Malt Welsh Whisky as part of its Icons of Wales range.

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