US SPIRITS COMPANY ACQUIRES STAKE IN DERRY’S NICHE DRINKS

US SPIRITS COMPANY ACQUIRES STAKE IN DERRY’S NICHE DRINKS
A US spirits company in Missouri has acquired a stake in a Londonderry liqueur firm as they look to build a distillery in the city.

Luxco in St Louis and Niche Drinks already produce Saint Brendan’s Irish Cream and global
brand, The Quiet Man Irish whiskey. In a statement, the company said it had spoken to the Strategic Investment Board to discuss building an Irish whiskey distillery in Ebrington Square in
Derry. Ciaran Mulgrew, managing director of Niche Drinks, said: “Luxco has impressive distillery experience, having built Lux Row Distillers and partnered with Limestone Branch Distillery, both in Kentucky, and is nearing completion of a Tequila distillery in Arandas, Mexico.

“This experience will be a tremendous asset as we proceed with The Quiet Man Craft Distillery at Ebrington Square.” Mr Mulgrew is to remain with the business
following the transaction.