Bacardi ups stake in Teeling - The Spirits Business
Bermuda-based Bacardi has taken majority control of Irish whiskey producer Teeling, six years after initially investing in the distiller.
Source: thespiritsbusiness.com
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Bermuda-based Bacardi has taken majority control of Irish whiskey producer Teeling, six years after initially investing in the distiller.
Teeling's founders will remain partial owners of the business and maintain control over everyday operations, Bacardi confirmed.
Bacardi announces that Teeling Irish whiskey will join its portfolio of iconic brands in a number of European markets in 2024. The news follows the