Bacardi Takes Control Of Teeling
A mere six years after investing in the Dublin-based Irish whiskey-making Teeling Distillery, Bermuda-based Bacardi has taken majority control of the distiller. The percentage of Bacardi’s ownership stake was undisclosed but founders Jack and Stephen Teeling will continue to own a percentage of the business and run day-to-day operations. Bacardi initially invested in The Teeling […]