Mark Reynier is one of the most innovative minds in the whisky world. But his Waterford Distillery is now on the verge of closing.

Whisky in a crisis? Waterford Distillery the latest to file for bankruptcy

Alexander Thürer, 29.11.2024

Whisky's boom years seem to be over. Following the bankruptcy of the Swedish brand Mackmyra in September, Ireland's renowned Waterford Distillery has also gone bust, putting an end to one of the most ambitious projects of the last decade.

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When Mark Reynier acquired an old brewery from Diageo in 2015, he had a vision: to produce the best possible whisky, while also focusing on terroir, which had previously been underrepresented in the whisky world. He had pursued this approach at the Bruichladdich distillery, where he had played a key role in its 2000 revival. This time, however, terroir was to become the defining trait of the new Waterford brand.

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