HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment and a joint initiative of InterTradeIreland and Enterprise Ireland, recently announced a €2 million investment in craft beer company, Wicklow Wolf. HBAN’s Food Syndicate is one of the leading stakeholders in the deal.
Wicklow Wolf’s owners will use the investment to open a new, larger brewing site in Wicklow, which will enable a 15-fold boost in production capacity. This will support Wicklow Wolf’s plans to expand domestically and into international markets including the US, Asia and Europe. As it grows over the next five years, Wicklow Wolf will increase its staff base by 20.
BUT WHO ARE WICKLOW WOLF?
Founded by Quincey Fennelly and Simon Lynch through a mutual appreciation of good beer, the company started brewing in August 2014 and sold its first beer one month later to The Harbour Bar in Bray, Co. Wicklow. The business now supplies to 150 pubs and 550 off-licenses across the island of Ireland.