Thursday 19 April 2018

Provisional liquidator appointed to Kerry Spring Water

Kerry Spring Water
Kerry Spring Water

Tim Healy

A PROVISIONAL liquidator has been appointed to bottled mineral water company Kerry Spring Water after the High Court heard it was insolvent.

A decision by Dunnes Stores to stop ordering its products for its stores  the court heard, had "a devastating effect" on the company which has over 35 employees.

Kerry Spring has a manufacturing facility at Ballyferriter, Dingle, Co Kerry and most of its employees are based there.

As of May this year, the company had a deficit of €1.1million and was clearly insolvent, the court was told.

Mr Justice Paul Gilligan appointed Myles Kirby as provisional liquidator. The case returns to court on August 24.

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