Saturday, November 23, 2024

‘A very good business has been saved’ – West Cork Distillers buys Waterford’s Donohoe Drinks, saving 105 jobs

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The firm which had gone into examinership after Ukraine war broke out

John O’Connell of West Cork Distillers pictured in Skibbereen, Co Cork. Photo: Daragh McSweeney

West Cork Distillers has acquired Donohoe Drinks, a Waterford-based contract bottling and blending company, saving around 105 jobs following a period in examinership.

Multiple sources involved say the deal to buy Donohoe Drinks’ parent company, Admiralford Ltd, will see its creditors paid in full. The examiner, Padraic Bermingham of Strata Financial, said the lifting of court protection was dependent on all creditors being paid what they were owed.

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