Moyvore whiskey vault still live
The Moyvore Whiskey Vault project is very much alive, Alan Wright, who with his brother Ted, is joint initiator of the project, has confirmed this week.
In March of 2020 the company was at an advanced stage with regards to advancing the project, but then the pandemic hit, interfering with progress.
“Obviously, this pandemic affected the drinks industry really badly,” Alan told the Westmeath Examiner.
In the meantime, business grew rapidly in their main enterprise Writech, a specialist fire protection engineering company which designs, manufactures, installs, commissions and services fire protection sprinkler systems and specialist fixed fire protection systems.
That demand for Writech’s services was driven in part by the growth in data use and the concomitant growth of the data storage giants who would be among Writech’s biggest customers.
As Writech grew, the firm began looking to expand further into Europe and so the brothers spent much of the last several months in negotiations with the private equity firm Waterland, up to last week’s announcement that the parties had signed a multimillion euro deal, as reported in last week’s Westmeath Examiner.
“I’m pleased to announce that now that the partnership has been agreed I’m going to refocus on the whiskey story, and get that up and going, hopefully in the next year,” says Alan.
He expects to have news coming up on that “hopefully in the second quarter of 2022”.
The Moyvore Whiskey Vault is to consist initially of 12 storage warehouses and a filling hall constructed on a site on the eastern side of Moyvore village.
Each warehouse is to have the capacity to store 16,800 casks of 200 litres.
The Moyvore Whiskey Vault proposal did encounter some opposition from residents of the Moyvore area, and in what was a surprise to many, the original planning application was refused by Westmeath County Council. The promoters appealed the county council decision to An Bord Pleanála and in December 2018, An Bord Pleanála gave the project the green light
In the longer term, the Wrights have said, they hope to develop up to 42 warehouses on the site.