Diageo Acquires New Guinness Brewery Site
Diageo Ireland enters into agreement to acquire a 73-acre greenfield site in Leixlip, Co. Kildare with the intention to build a new state-of-the art brewery. The proposed site has important historical links to Arthur Guinness and his first brewery. This development represents the next stage of the 650 million euro capital investment in its brewing operations in Ireland announced by Diageo in May 2008.
Gerry O'Hagan, supply director for Guinness and Baileys adds, "The choice of the location of the new brewery follows an extensive due diligence and site selection process. The new brewery is part of the single biggest capital investment made by Diageo in its supply infrastructure since the company's creation 10 years ago and will enhance the cost competitiveness of our global beer operations. It represents a major vote of confidence in our beer business here in Ireland as a global brewing center of excellence for our company. We will now progress planning approval for the site as quickly as possible."
It is anticipated that the new brewery will be completed by 2013 and will be called the 'Arthur Guinness Brewery.' Once commissioned, the new brewery -- in conjunction with the remodeled St. James's Gate brewery -- is expected to transform Diageo Ireland's current brewing operations into a two-brewery center of excellence to support the growth and development of its domestic and global beer business.
Gerry O'Hagan, supply director for Guinness and Baileys adds, "The choice of the location of the new brewery follows an extensive due diligence and site selection process. The new brewery is part of the single biggest capital investment made by Diageo in its supply infrastructure since the company's creation 10 years ago and will enhance the cost competitiveness of our global beer operations. It represents a major vote of confidence in our beer business here in Ireland as a global brewing center of excellence for our company. We will now progress planning approval for the site as quickly as possible."
It is anticipated that the new brewery will be completed by 2013 and will be called the 'Arthur Guinness Brewery.' Once commissioned, the new brewery -- in conjunction with the remodeled St. James's Gate brewery -- is expected to transform Diageo Ireland's current brewing operations into a two-brewery center of excellence to support the growth and development of its domestic and global beer business.