Boann Distillery plans to double revenues following launch of new whiskeys

Meath distillery Boann expects to double its revenue over the next five years as it expands into 70 new markets.

The family-owned distillery is set to launch three single pot still Irish whiskeys following a €30m investment, with the new range expected to boost global revenues.

The new whiskey expressions, known as Marsala, Madeira and Pedro Ximinéz, will be released tomorrow to coincide with the summer solstice.

Boann recorded revenues of €25m last year and already produces a number of other drinks, including Silks Irish Dry Gin, Merry’s Cream Liquers and the Whistler whiskey brand.

The new releases, which amount to 12,000 cases of whiskey, follow the launch of Boann’s limited edition Solstice whiskey in December 2022.

This marked the return of whiskey distilling in Drogheda for the first time in 160 years, according to Boann.

Each of the three new whiskeys was matured in a number of cases from Spain, France and the USA in order to give each of the new releases its own flavour profile.

"It was always our dream to craft and distil our very own Irish whiskey in the heart of the Boyne Valley,” Boann managing director and founder Pat Cooney said.

He added that the business now plans to grow beyond the markets it is currently active in in order to bring the “essence of the land” around the distillery across the world.

"Our vision is to revive the heritage laid down by the lost distilleries of Ireland, distilling these historic mashbills (recipes) using local ingredients and uniting the past with the future of the craft of Irish whiskey distillation using modern technology,” Mr Cooney said.

The new offerings from the company will be released nationally and internationally in the coming weeks.

Boann Distillery employs more than 25 people in Drogheda.

It was founded by Pat and his wife Marie, along with their family Sally-Anne, Celestine, Peter, Patrick and James.

Mr Cooney previously led Gleeson Group, a drinks distribution business.

In 2022, the company reported that it would invest €10m across its alcohol businesses, including €5m at its Robert A Merry & Co factory in Clonmel to boost capacity.

The business also planned a €5m investment in its distillery location.

Reporting on:independent.ie