Alantra advises Quintessential Brands Irish Whiskey on the capital investment in Dublin Liberties Whiskey Company by Stock Spirits Group

July 20, 2017

Paris- Alantra advised Quintessential Brands Irish Whiskey (QBIW), the owner of Dublin Liberties Whiskey Company and the Dubliner Irish Whiskey brand, on the €18.3mn investment from Stock Spirits Group for a 25% share in QBIW.

The investment from Stock Spirits Group, the owner and producer of premium branded spirits and liqueurs that are sold mainly in Central and Eastern Europe, comprises an initial €15mn cash, plus a further deferred cash consideration for the 25% equity interest in QBIW.

As part of a total €28mn investment in QBIW, a new comprehensive €10mn banking facility has been completed with Wells Fargo Bank. The company has announced that the investment will be primarily used to complete the construction and fit out of the Dublin Liberties Distillery on Mill Street in Dublin 8, accelerate advertising and promotional investment in the brands, and to finance working capital and stock maturation.

Quintessential Brands Group is an independent international spirits business, with a diverse portfolio of premium brands and world-class production capabilities in the UK, Ireland and France. With a global reach, and brand building capabilities, it distributes and supplies customers around the world.

Following Alantra’s strategy of deepening its sector and sub-sector specialization in investment banking, the firm recently launched a global initiative in the Beverages sector (Spirits, Low- and Non-alcoholic drinks) to leverage its sector knowledge and local teams. This deal marks the second transaction this year of the dedicated team, after the sale of Bulldog Gin to Campari Group for €63mn announced last February.

By Yago Sánchez July 20, 2017 Corporate News, Press Releases

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