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Irish drinks company Cobblestone Brands has announced the acquisition of the Knappogue Castle and Clontarf Irish Whiskey brands from Irish Distillers, a subsidiary of wine and spirits giant Pernod Ricard.
Commenting on the move, Cobblestone Brands CEO Brian Fagan said: “We believe deeply in the future of the Irish whiskey category. Despite near-term industry challenges, this is a time to invest in quality, a authenticity, and long-term brand building. Knappogue Castle and Clontarf have a strong foundation, and we see enormous opportunity to re-energise and grow them in both established and emerging markets”.
Irish Distillers CEO Nodjame Fouad said: “This divestment aligns with our business strategy to focus on our core Irish Whiskey portfolio and accelerate growth in key areas. We are confident that Cobblestone Brands will further develop and expand their market presence, and we extend our best wishes for their future success”.
Other brands in the Cobblestone Brands stable include Star & Key rum and Four Corners American gin.
Source: Cobblestone Brands
