Gavin McLoughlin
Gavin McLoughlin

17.48 11 Dec 2019


Share this article


Bottled-water manufacturer Celtic Pure is to be placed into liquidation.

The Monaghan-based company, which employs around 75 people, has been hit by water quality issues.

In August, it emerged that some batches of water had levels of arsenic beyond what was permitted.

This led some Celtic Pure customers to suspend orders - leaving the company insolvent.

An examiner, Declan McDonald of PwC, was appointed to the firm by the High Court to see if a way could be found to keep the business alive.

As part of the examinership, a number of parties expressed an interest in investing in the business.

However the company was again hit by a water quality issue in October, when bacterial contamination was discovered.

A closure order was put on a Celtic Pure factory in Co Monaghan as a result.

Mr McDonald has told the High Court that he no longer believes an investment can be secured to keep the company alive.

He has been appointed liquidator to the company by Mr Justice David Barniville.


Share this article


Read more about

Celtic Pure Declan McDonald Examinership High Court Liquidation Monaghan Mr Justice David Barniville PWC

Most Popular

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share


Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Best Of Newstalk

Best Of Newstalk

00:00-07:00

Share

Up next

DOCUMENTARY AND DRAMA ON NEWST...

DOCUMENTARY AND DRAMA ON NEWSTALK

07:00-08:00

Share

NEWSTALK BREAKFAST WITH SUSAN...

NEWSTALK BREAKFAST WITH SUSAN KEOGH

08:00-09:00

Share

ALIVE AND KICKING WITH CLARE M...

ALIVE AND KICKING WITH CLARE MCKENNA

09:00-10:00

Share

TAKING STOCK WITH VINCENT WALL

TAKING STOCK WITH VINCENT WALL

10:00-11:00

Share

ON THE RECORD WITH GAVAN REILL...

ON THE RECORD WITH GAVAN REILLY

11:00-13:00

Share

OFF THE BALL

OFF THE BALL

13:00-19:00

Share

TALKING HISTORY WITH PATRICK G...

TALKING HISTORY WITH PATRICK GEOGHEGAN

19:00-20:00

Share

FUTURE OF WORK

FUTURE OF WORK

20:00-21:00

Share

FUTUREPROOF WITH JONATHAN MCCR...

FUTUREPROOF WITH JONATHAN MCCREA

21:00-22:00

Share

THE TOM DUNNE SHOW

THE TOM DUNNE SHOW

22:00-00:00

Share

BEST OF NEWSTALK

BEST OF NEWSTALK

00:00-06:00

Share

00:00:00 / 00:00:00

Share on