Celtic Pure placed into liquidation

Bottled water manufacturer Celtic Pure is to be wound up.

Celtic Pure placed into liquidation

Bottled water manufacturer Celtic Pure is to be wound up.

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

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.

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

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

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.

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.

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited