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Ireland’s Tipperary Boutique Distillery gains €5m funding
By Nicola CarruthersTipperary Boutique Distillery has secured €5 million (US$5.9m) to go towards the development of a ‘farm-to-bottle’ distillery in its namesake Irish town.
Tipperary Boutique Distillery has secured €5m investment to go towards the development of a ‘farm-to-bottle’ distillery
The new distillery will be located on the grounds of the Dundrum House Hotel Golf & Leisure Resort, which will itself undergo a major refurbishment in the coming year.
The funding was secured in a partnership deal made with Steelworks Investments.
The distillery has also recently laid down their first ‘new-make’ spirit, made with barley from their own land and distilled in Ireland.
It will also allow visitors the option of staying on site. It will create 15 new jobs in the areas of production, bottling, sales and administration. The distillery said that tourist projections are £15,000 for 2020, increasing to £40,000 in 2025.
“We are naturally delighted with this investment which will realise our plan to distil our own whiskey, making us a field-to-bottle operation,” said Jennifer Nickerson, managing director of Tipperary Boutique Distillery.
“As I understand it, this will be the first whiskey grown, harvested and distilled in Tipperary in approximately 200 years. The provenance of both the barley used to make our whiskey coming from our own farm at Ballindoney and now being distilled in the locality allows us to claim true terroir.”