AB InBev buys Camden Town Brewery

Tue, 22 Dec 2015 | BUSINESS SALE

Craft beer maker Camden Town Brewery has been brought by corporate drinks business AB InBev.

The local brewery announced on Monday (21 December) that the acquisition was in process, confirming that it will be a 100 per cent sale, designed to work as a “strategic partnership” that provides Camden Town Brewery with “the security we need to continue”.

In a statement the brewery's founder, Jasper Cuppaidge, said: “Opportunities like this come rarely. We believe we must have the ambition to grab this opportunity and turn Camden Town Brewery, and the quality it stands for, from being an outstanding London brewer to being a world famous one.”

For AB InBev, the deal will see the company add a creative and niche craft beer to its brand portfolio, which currently includes world famous names such as Stella Artois and Budweiser.

The firm's European director of specialities and craft, Iain Newell, added: “Opportunities like this come rarely. We believe we must have the ambition to grab this opportunity and turn Camden Town Brewery, and the quality it stands for, from being an outstanding London brewer to being a world famous one.”

The North London brewery started full production in 2010 with an original staff of just three people. The company now boasts a team of 95 and sells its beers in over 1,000 pubs, with overseas establishments already showing interest.

At the moment there are no confirmed details regarding price on the acquisition and the companies have stated that the terms of the agreement are not being disclosed. The deal is expected to complete on 7 January 2016.


View more businesses for sale.


Share this article



Latest Businesses for Sale

Printed Packaging Manufacturer
London, South East, UK

Long established with strong brand identity. High Levels of repeat business. Continually expanding customer base. Offers invited.

Asking Price: Offers Invited
Turnover: £847,000

Industrial & Elevator Door Engineering
South of England, UK Wide

Very High profile customer base. Framework agreement with world's leading elevator manufacturer. Outstanding track record . Exciting expansion opportunity. Offers invited.

Asking Price: Offers Invited
Turnover: £925,000

Automotive Development & Tuning Business (Fast Sale)
UK Wide

For Further Information: All enquires including requests for a non-disclosure agreement (NDA), should be directed to the below together with Your Name, Registered Company Name and Contact Number: Unconditional offers together with proof of funds to b...

Asking Price: Offers Invited
Turnover: £445,000


View more businesses for sale

News Search

Latest News

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...

 
15
 
Jan
 

Hawk Plant enters administration | ADMINISTRATION

The Shropshire company, that has previously undertaken landm...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
04
 
Oct
 

Third largest merger expected as AB InBev takes over rival SABMiller | MERGER

The third largest merger is set to go ahead with Anheuser-Bu...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources