The wine technology and capital platform Ferovinum has expanded into Ireland through a partnership to support Sliabh Liag Distillers. 

The company has unlocked a $15m working capacity facility to accelerate the spirit maker’s growth. 

Ferovinum said this positions Ireland as a “strategic hub” for spirits innovation and global export in its pan-European expansion. 

It added that this represents more than a single deal and that Ferovinum is committed to being a long-term partner for Irish distillers.

James Doherty, co-founder of Sliabh Liag Distillers, said the partnership is an opportunity for the distillers to drive both diversification and scale. 

He also noted that the financial security will allow the business to focus on the bigger picture, which is bringing Donegal whiskey to the world. 

“The Irish industry is both one of the oldest and the youngest in the world. On one hand, it’s steeped in heritage, but outside of Jameson, the scale is still quite small when compared to a category like Scotch,” Doherty said.  

In addition, he continued: “It is also highly consolidated and therefore ripe for some diversification, some differentiation and some distinctiveness. That creates space for innovative newcomers like ourselves, it creates huge headroom to grow.” 

Mitch Fowler, CEO of Ferovinum doubled down on the importance of Ireland. He said: “Ireland is not just another market for us – it’s really an important market and part of our vision. Irish whiskey has huge global potential and by supporting distillers like Sliabh Liag, we’re investing in that future and in the strength of Ireland’s drinks sector more broadly.” 

Pictured: James Doherty