Waterford company, Blackwater Irish Spirits Limited, has secured substantial fresh investment from a private US investor, a boost to the company whose portfolio includes multi award winning Muldoon Irish Whiskey Liqueur and Thin Gin.
As a result of this investment, the company will now adopt the name Anchor Spirits Ireland. It will also commence work on a new boutique distillery and modest manufacturing facility in Waterford City.
Managing Director, Nichola Beresford, said the investment was a real endorsement of the company and its drinks brands.
“This investment is a massive vote of confidence in the team. While Muldoon Irish Whiskey Liqueur is a relatively new product in the marketplace, it has already won a number of industry awards.”
Last month Muldoon received a globally recognised silver medal at the International Wines and Spirits Competition (IWSC) in London. It already has an Irish Whiskey Awards gold medal for liqueur and a bronze medal from the Dark Spirits category at the 2015 Blas na hEireann Irish Food Awards, the country’s biggest competition for quality Irish produce. Thin Gin, which only came to market late last year won the 2015 Best Irish Gin award at the prestigious Irish Whiskey Society awards.
Ms. Beresford further stated, “The new investment necessitated a change of our company’s operating name to Anchor Spirits Ireland, however it does not affect its structure. We’re really enthused about our future. We’ve seen huge growth in the 12 month period to date and that upward trajectory looks set to continue to the end of 2016 and into next year. This investment copper-fastens our commitment to grow the company here in Waterford, develop new products, create new jobs and enter new markets.”
“It’s a very exciting time for Anchor Spirits Ireland. Our new rum launches in the autumn and the development of the new distillery can now start in earnest. As a result, the company will be heavily invested in the local economy and intends to recruit new staff in the areas of sales and marketing, product development, and the overseas market creating up to 8 new positions over the coming year.”
Muldoon Irish Whiskey Liqueur and Thin Gin are available at all good off- licences, SuperValu and independent retailers throughout the country. You can follow Muldoon and Thin Gin on Facebook, Twitter and Instagram.