US TDG Acquires Waterford Distillery | Irish Whiskey News

A New Era for Irish Single Farm Origin: US Production Giant TDG Acquires Waterford Distillery

Irish whiskey brand Waterford Distillery, which entered receivership in November 2024, has reached an agreement to be acquired by the American producer Tennessee Distilling Group (TDG). Facilitated by Interpath Advisory, the deal covers the distillery's core assets and intellectual property, with regulatory approval expected within weeks. The maturing whiskey stocks will be sold separately through a different process.

From Old Brewery to the Ultimate Pursuit of Single Farm Origin

Waterford Distillery was founded in 2015 by former Bruichladdich CEO Mark Reynier, converting an old brewery in Waterford, Ireland. The distillery is dedicated to working with local farms to promote Single Farm Origin single malt whiskey. Despite securing funding in 2023 to expand international markets and inventory, the company faced ownership changes due to financial pressures.

The Buyer: US Whiskey Contract Distilling Giant TDG

The buyer, Tennessee Distilling Group (TDG), headquartered in Tennessee, USA, is a renowned contract distiller producing whiskey for brands like Uncle Nearest and Bob Dylan’s Heaven's Door Spirits. With massive production facilities and warehouses, TDG possesses strong technical expertise and a global distribution network, promising long-term stable resources and new market opportunities for the distillery.

TDG plans to inject capital to strengthen operations and expand the team, demonstrating a commitment to the Irish whiskey industry. Receivers stated the deal provides a platform for future brand growth. Recently, Interpath Advisory also handled the asset transfer of Powerscourt Distillery, highlighting the ongoing restructuring and integration within the expanding Irish whiskey market.

📅 Publish Date: 2026-03-24

🔗 Source: https://www.thespiritsbusiness.com/2026/03/us-whiskey-maker-takes-over-waterford-distillery/