Bacardi Takes Full Ownership of TEELING® Irish Whiskey

HAMILTON, Bermuda--(BUSINESS WIRE)--Jun 23, 2026--

Bacardi Limited has announced the completion of a transaction that makes the family-owned company the sole owner of the Teeling Whiskey Company and the TEELING® Irish whiskey brand. Founders Jack and Stephen Teeling will remain a part of the brand, shaping its future and driving growth for the long term as strategic advisors.

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Today’s announcement follows the successful relationship the two companies have enjoyed since Bacardi acquired a minority stake in the Dublin-based whiskey company in 2017. Bacardi subsequently increased its stake to become the majority shareholder in 2022.

“TEELING is the perfect fit for Bacardi,” says Mahesh Madhavan, Chief Executive Officer, Bacardi Limited. “ The brand stands for quality, craftsmanship and a fearless approach to the category with fresh ideas and innovative new whiskeys. The hundreds of awards it’s received say everything about its success. There is so much long-term potential for the Irish whiskey category globally and with TEELING we are perfectly positioned to take advantage of every opportunity.”

Since Bacardi first established its relationship with the Teeling Whiskey Company, the TEELING brand has more than doubled in size and significantly grown its global presence. TEELING is now exported to more than 80 markets around the world.

“My brother and I both know that at Bacardi, TEELING is in the best possible hands,” says Jack Teeling, Co-Founder of the Teeling Whiskey Company. “Working closely with the Bacardi team over the last nine years has proven to us that as a family-owned company, Bacardi appreciates the value of everything the TEELING brand stands for and its commitment to raising the bar for Irish whiskey. Now, as TEELING and the fabulous team in Dublin fully join the Bacardi family, we are excited to see everything they will achieve in the years ahead.”

Since the Teeling Whiskey Company was founded in 2012, it’s made its mark on the whiskey world thanks to its unconventional approach to creating handcrafted, small-batch Irish whiskeys. Today, TEELING is the World’s Most Awarded Irish Whiskey *, with its exceptional quality and taste recognized by the likes of the World Whiskies Awards, the Irish Whiskey Masters, the International Wine & Spirit Competition and the San Francisco World Spirits Competition, among many others. The TEELING Whiskey Distillery, which opened its doors in 2015 as the first new distillery in Dublin for over 125 years, is a showcase for the craftsmanship behind the brand and has now welcomed over one million visitors.

* Based on World Whiskies Awards, 2019-2025

Always drink responsibly.

About TEELING Whiskey

The Teeling Whiskey Company was founded in 2012 to revive the old TEELING family trademark of Irish whiskey and bring craft distilling back to Dublin. Since then, Teeling has become the most progressive Irish whiskey company, driving innovation and offering a selection of unique handcrafted, small-batch Irish whiskeys. The Teeling Whiskey Distillery began operations in 2015, marking the first new distillery in Dublin in over 125 years, and has welcomed over one million visitors since opening. TEELING Whiskey is now exported to more than 80 different markets and has won over 650 international awards for its quality. TEELING, its trade dress and the phoenix logo are trademarks.

About Bacardi Limited

Bacardi Limited, the largest privately held international spirits company, produces, markets, and distributes spirits and wines. The Bacardi Limited portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, PATRÓN® tequila, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, D’USSÉ® Cognac, ANGEL’S ENVY® American straight whiskey, and ST-GERMAIN® elderflower liqueur. Founded more than 164 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs approximately 8,000, operates production facilities in 10 countries and territories, and sells its brands in more than 160 markets. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow us on LinkedIn and Instagram.

Three expressions of Teeling Irish Whiskey: Single Grain, Small Batch and Single Malt

ANKARA, Turkey (AP) — Security forces in the Turkish capital carried out sweeping raids on Tuesday ahead of next month’s NATO summit, and detained more than 200 people with suspected links to extremist groups, including the Islamic State group, officials said.

Some media outlets, however, reported that some of those detained were politicians or activists, leading to allegations of arbitrary detentions.

U.S. President Donald Trump is expected to join other leaders of the 32‑member alliance in Ankara for the July 7–8 summit.

Turkey is planning strict security measures for the summit, including banning demonstrations and restricting access to roads leading to airports, as well as sealing off areas around the summit venue and hotels hosting delegations.

Turkish President Recep Tayyip Erdogan's government has prioritized security and authorities regularly carry out security raids. Last month, security forces detained 324 people suspected of links to the Islamic State group in a nationwide sweep.

Early on Tuesday, Turkish prosecutors issued detention orders for 241 suspects, and 209 of them were subsequently taken into custody in police and gendarmerie raids around Ankara, according to a statement from the chief prosecutor’s office. The raids were still underway later Tuesday to take in the rest of the suspects.

Among those detained were 56 alleged Islamic State militants and 35 members of the Revolutionary People’s Liberation Party/Front, a far‑left group known for armed attacks and assassinations in Turkey, the statement said.

Birgun, an independent left-leaning newspaper, and other media reported that a politician, an LGBTQ activist and at least three lawyers allegedly close to left-wing groups were also among the detained. That lead to concerns that the government could be using security as a pretext to silence critics and prevent possible anti-NATO demonstrations during the summit.

“This arbitrary wave of detentions and arrests targeting leftist and socialist institutions once again reveals the state the country has reached,” the pro-Kurdish Peoples’ Equality and Democracy Party, DEM, said. “Turning Ankara into a giant prison with bans imposed for the NATO Summit is unacceptable.”

The Islamic State group has also carried out numerous deadly attacks in Turkey, including the 2017 New Year’s shooting at an Istanbul nightclub that killed 39 people.

FILE - Turkey's President Recep Tayyip Erdogan listens as Somalia's President Hassan Sheikh Mohamud speaks during a joint news conference in Istanbul, Turkey, on Dec. 30, 2025. (AP Photo/Khalil Hamra, File)