‘No more’ to Ireland ‘no more’ for Ireland
More than 20 years ago, the world’s biggest Irish brewer, AB InBev, announced it would cease operations in Ireland, following a bitter dispute with the government.
But now, after a decade-long battle to bring a return to business, Irish-born AB InG is preparing to close its doors for good.
In a move that will have an impact on the country’s craft beer industry, ABInBev is closing the doors of its brewery and distillery in Galway, one of Ireland’s biggest and most important beer markets.
A decision was announced on Monday.
AB Inbev Ireland said in a statement that it will not be making any further comment.
Its last Irish brewery, The Abbey, closed its doors in 2014.
The announcement comes after years of negotiations between the company and the Irish government.
A spokesperson for AB InAva said the company has been in discussions with the Government about future business opportunities in Ireland and that a final decision is expected to be made at the end of the year.
“AB InAVA is disappointed by the Government’s decision to close the Irish brewery and brewery, and will have no further comment at this time,” the spokesperson said.
“The brewery and the distillery will remain open in the Republic of Ireland, however AB InAbbey will cease all production and sales of AB InABV beers in Ireland in early 2018.”
It will be the final closure of ABInAva’s brewery and one of the largest breweries in Ireland.
In the past few years, Irish craft brewers have seen their sales and profits drop sharply, with AB InInBerg last year losing €13 million (US$17 million) in sales and a further €10 million in profit, according to data from market researcher Euromonitor.
The closure will affect up to 100 people, including the managing director of the Abbey brewery, David O’Brien, who was a managing director at the brewery for 13 years.
“It is not a reflection of what we believe in,” he said.
ABInG’s chief executive, Patrick Murphy, told The Irish Daily Times that the company’s decision was not a result of the “crisis of confidence” in Ireland’s brewing industry.
“We have seen a massive decline in our sales over the last few years,” he added.
ABInInABev’s closure has already sparked an outcry in Ireland over the country being hit by the effects of the global economic downturn and the Brexit referendum. “
In our view, this is a business decision which will not have a direct impact on Irish beer sales or profits.”
ABInInABev’s closure has already sparked an outcry in Ireland over the country being hit by the effects of the global economic downturn and the Brexit referendum.
Irish Independent newspaper The Irish Examiner has reported that Irish brewers have been complaining for the past two years about the “dismal” economic state of the country.
Many are demanding a return of the kind of business that once was a pillar of the Irish economy.
The Irish Independent reported last week that a group of craft brewers, led by the local independent group, O’Boyle’s Brewing Company, have set up a group called “O’Bowl” to lobby for the closure of Irish breweries.