{"id":204156,"date":"2025-12-21T22:12:15","date_gmt":"2025-12-21T22:12:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/204156\/"},"modified":"2025-12-21T22:12:15","modified_gmt":"2025-12-21T22:12:15","slug":"e4-8m-bid-for-state-of-the-art-killarney-brewing-and-distilling-campus-in-kerry-sparks-hope-business-can-be-revived","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/204156\/","title":{"rendered":"\u20ac4.8m bid for \u2018state-of-the-art\u2019 Killarney Brewing and Distilling campus in Kerry sparks hope business can be revived"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"The Killarney Brewing and Distilling campus in Co Kerry\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/12\/0abfe8f1-c389-43d3-864b-07bec03792ec.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">The Killarney Brewing and Distilling campus in Co Kerry<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">A multi-million euro bid has been submitted for Killarney Brewing and Distilling\u2019s flagship campus after the Irish drinks producer became insolvent earlier this year, the Sunday Independent understands.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Multiple sources told the Sunday Independent that a \u20ac4.8m offer was made for Killarney Brewing and Distilling\u2019s (KBD) Fossa, Co Kerry, alcohol-production campus in recent weeks.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">KBD is in liquidation and receivership. Michael O\u2019Regan and Declan McDonald from PwC Ireland were appointed as receivers in late July and are primarily focused on selling the Fossa brewery and distillery campus.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">It is understood that agents Cushman &amp; Wakefield, who are selling the site on behalf of the receivers, are seeking a guide price of around \u20ac5m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">KBD has described the 5,760 sq m facility as \u201cthe largest independent brewery, distillery, and visitor centre in Ireland\u201d on its website.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The bid for the facility will spark local hopes that the prominent attraction and employer can be revived.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In April, James Anderson, a partner at Deloitte Ireland, was appointed as interim examiner to KBD when the company filed a petition with the High Court. It followed a potential merger with a US partner that fell through.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Entering examinership was seen as the most viable path to secure its future.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Ultimately, these efforts were unsuccessful. Anderson was subsequently appointed as liquidator.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">With the examinership process failing to save the business, O\u2019Regan and McDonald were appointed as receivers in late July. KBD\u2019s sole secured creditor is lender Bailmo Limited, due over \u20ac3m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The receivers have looked to sell KBD\u2019s Fossa campus. They declined to comment on the bid. <\/p>\n","protected":false},"excerpt":{"rendered":"The Killarney Brewing and Distilling campus in Co Kerry A multi-million euro bid has been submitted for Killarney&hellip;\n","protected":false},"author":2,"featured_media":204157,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60,5913],"class_list":["post-204156","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland","tag-sean-pollock"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/204156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=204156"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/204156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/204157"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=204156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=204156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=204156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}