Whiskey company to spend €35m on transforming Dundalk brewery

John Teeling’s Irish Whiskey Company will spend €35m over the next four years transforming the Great Northern Brewery in Dundalk, Co Louth.

It was announced yesterday that the company had reached agreement with the site’s current parent, Diageo, over its future ownership.

While the acquisition cost has not been disclosed, Mr Teeling said the €35m spend covers the purchase price, build-out costs, and general working capital for the site — which will be renamed the Great Northern Distillery and formally change hands next February.