On June 30, 2023, development firm Nabella Holdings Ltd entered into a contract to design and build a whiskey maturation facility at Cloncowan, Meath. First conceived at a time when the Irish whiskey industry was experiencing phenomenal growth, the plans boasted five bonded warehouses standing on 17,000 square metres of previously unzoned Coillte forestry lands. Immature spirits would be stored in 200 oak casks for three to five years to ready them for market. (Produce from distilleries cannot be branded as Irish Whiskey by law unless it has been matured for at least three years.) The proposed tenant for the…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and unlock full access to The Currency and The Wall Street Journal for just €200 – two premium memberships, one subscription.