April 27, 2017 2:36 AM ET

Beverages

Company Overview of Irish Distillers Group Limited

Company Overview

Irish Distillers Group Limited, through its subsidiaries, distills, imports, and distributes wines and spirits. The company offers Irish whiskey, cork dry gin, vodka, and wines. The company was founded in 1966 and is based in Ballsbridge, Ireland. Irish Distillers Group Limited operates as a subsidiary of Pernod Ricard SA.

Simmonscourt House

Simmonscourt Road

Ballsbridge,  4

Ireland

Founded in 1966

Phone:

353 1 212 9000

Fax:

353 1 212 9001

Key Executives for Irish Distillers Group Limited

Chairman and Chief Executive Officer
Age: 49
Director of Strategy & Insights
Compensation as of Fiscal Year 2016.

Irish Distillers Group Limited Key Developments

Irish Distillers Plans Investment at Midleton Distillery

Irish Distillers has unveiled plans to invest in production capacity at Midleton Distillery. The money will be used to install three new copper pot stills at the distillery. Each still has a capacity of around 75,000 litres and will be fully operational by June. The project will support 60 jobs in Midleton during the construction phase. Since 2012, Irish Distillers has invested 120 million in its Midleton facilities. It has also spent 20 million into a bottling facility in Dublin. Last year, as part of a redevelopment project, Irish Distillers announced 11 million investment at the Old Jameson Distillery in Smithfield, Dublin.

Irish Distillers Announces Executive Changes

Irish Distillers announced that Louise Ryan, currently Strategy & Insights Director in Irish Distillers, is appointed Managing Director - Ireland with effect from 1 July. Louise will report to Jean-Christophe Coutures, Chairman & CEO of Irish Distillers and will be a member of the Irish Distillers Leadership Team. Louise will replace Pat MAGEE, who is appointed General Manager – Florida at Pernod Ricard USA at the same date, and as announced in a separate communication.

Irish Distillers In Exclusive Negotiations To Sell Paddy whiskey To Sazerac

Irish Distillers Group Limited has said it is in talks to sell Paddy whiskey in a move that would see it still being produced at the Midleton Distillery. The group said it had entered into exclusive negotiations with Sazerac Company, Inc. over the sale of Paddy whiskey. Irish Distillers’s owner Pernod said it was not in a position to disclose the deal value. “Pernod Ricard is currently undertaking negotiations with Sazerac. At this point, the focus is on ironing out operational aspects of the deal and preparing for a smooth transition,” a spokesman for Irish Distillers said. Irish Distillers said if the transaction is completed there would be no impact on employers at Irish Distillers with staff continuing to remain on their current terms and conditions. Subject to pending negotiations, Irish Distillers and Sazerac expect to sign and complete the transaction in the coming weeks. If this deal goes through, we are confident that we will be able to take Paddy to the next level, building on its strong history and roots,” said Mark Brown, President and Chief Executive of Sazerac. Nomura acted as financial advisor to Pernod Ricard.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 17, 2016
Irish Distillers Group Limited, Paddy Irish Whiskey
 

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