USA | Bacardi Limited has announced the completion of a transaction that has made the family-owned company the sole owner of the Teeling Whiskey Company and the Teeling Irish whiskey brand.
Founders Jack and Stephen Teeling will remain part of the brand, shaping its future and driving long-term growth as strategic advisors. This announcement followed the successful relationship the two companies have enjoyed since Bacardi acquired a minority stake in the Dublin-based whiskey company in 2017. Bacardi subsequently increased its stake to become the majority shareholder in 2022.
According to Mahesh Madhavan, Chief Executive Officer, Bacardi Limited, Teeling was the perfect fit for Bacardi. The brand has stood for quality, craftsmanship and a fearless approach to the category with fresh ideas and innovative new whiskeys.
“The hundreds of awards it’s received say everything about its success. There is so much long-term potential for the Irish whiskey category globally, and with Teeling, we are perfectly positioned to take advantage of every opportunity,” he said.
Since Bacardi first established its relationship with the Teeling Whiskey Company, the Teeling brand has more than doubled in size and significantly expanded its global presence, now exporting to more than 80 markets worldwide.
“My brother and I both know that at Bacardi, Teeling is in the best possible hands. Working closely with the Bacardi team over the last nine years has proven to us that as a family-owned company, Bacardi appreciates the value of everything the brand stands for and its commitment to raising the bar for Irish whiskey,” said Jack Teeling, Co-Founder of the Teeling Whiskey Company
“Now, as Teeling and the fabulous team in Dublin fully join the Bacardi family, we are excited to see everything they will achieve in the years ahead.”
Since the Teeling Whiskey Company was founded in 2012, it has made its mark on the whiskey world through its unconventional approach to crafting handcrafted, small-batch Irish whiskeys.
The distillery, which opened its doors in 2015 as the first new distillery in Dublin for over 125 years, has become a showcase for the craftsmanship behind the brand and has now welcomed over one million visitors.
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