Powerscourt Distillery, its €35 mn stock up for sale

Irish whiskey producer Powerscourt Distillery has officially been put on the market, along with its assets, including nearly €35 million worth of maturing whiskey stock. The sale follows the company's entry into trading receivership in June this year.

Powerscourt Distillery produces premium Irish whiskey and operates in 30 international markets across Europe, North America, Asia, and Africa. Its growth was driven by the Fercullen brand, which recorded an annual growth of 93 percent from 2019 to 2023.

A 950 sq m building in Enniskerry houses the distillery, visitor centre, and offices, in addition to a 930 sq m onsite warehouse and three offsite warehouses. Its current production capacity is 360,000 litres of pure alcohol annually, with the potential to increase to 680,000 litres through a modest €350,000 investment.

The whiskey stock, valued at €34.9 million, includes 25-year-old barrels sourced from Cooley Distillery. Expressions of interest are being accepted until August 5.