Drinks company hires bank to advise on £200m sale

Wed, 16 May 2018 | BUSINESS SALE

A UK-based producer or spirits and wines has appointed investment bank Rothschild to advise on a way forward, with options including a £200m sale of the company.

Halewood Wines & Spirits, which produces famous household names including Lambrini, Crabbie’s alcoholic ginger beer and The Pogues whiskey, has confirmed that it is examining several strategic options for its shareholders, including a sale of the whole business.

The firm’s CEO Stewart Hainsworth said that the sale would be a natural progression on the back of a period of sustained growth for the firm. A recent re-focusing of the core business to concentrate on artisanal spirits and craft beers has driven a large increase in profits for Halewood.

Hainsworth added: “This is an exciting time for the business, which our management team have been working towards for three years.

“Our success has been driven by investment in equipment, acquisitions and marketing support and further fuelled by a high growth brand portfolio, which includes Whitley Neill, currently the number one premium gin brand by volume in UK Supermarkets.”

Named for its founder John Halewood, the drinks firm was established in 1978 and has since become one of the country’s largest independent beverage firms. Since then, Lambrini has become one of the country’s best known brands while Crabbie’s has become a summer staple for many.

A renewed focus on the premium market saw the firm introduce new brands such as Liverpool Gin, Whitley Neill gin and Dead Man’s Fingers rum, as well as buying new facilities at the Lake District brewery Hawkshead and the City of London Distillery.
Hainsworth also said that the company was working towards offering the best to its customers in the meantime.


Share this article



Latest Businesses for Sale

Licensed Thai Restaurant
West Yorkshire, Yorkshire and the Humber, UK

Immaculate Thai restaurant newly refurbished in 2018. Business operates from the Town centre trading location. Offers invited.

Asking Price: £89,950
Turnover: £450,000

LEASEHOLD


Fish Bar & Kebab House
Grantham, Lincolnshire, UK Wide

Newly refurbished fish and chip shop offering kebab alternative products. Operating from a residential trading location. Offers invited.

Asking Price: £200,000
Turnover: £312,000

LEASEHOLD


Italian Restaurant with Accommodation
Lancashire, UK Wide

Well established Italian restaurant operating from a prominent main road trading location. Beautifully presented throughout. Offers invited.

Asking Price: £159,000
Turnover: £312,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
18
 
Mar
 

Buyer sought for Leeds pub group | ADMINISTRATION

Administrators for pub group headquartered in Leeds are on t...

 
17
 
Mar
 

Tavistock places two North East pubs for sale | BUSINESS SALE

The Lambton Worm and The New Plough pubs in County Durham ha...

 
16
 
Mar
 

Construction mogul Dawnus braces itself for administration | ADMINISTRATION

Dawnus Construction, the property development giant based in...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
18
 
Mar
 

Buyer sought for Leeds pub group | ADMINISTRATION

Administrators for pub group headquartered in Leeds are on t...

 
16
 
Mar
 

Construction mogul Dawnus braces itself for administration | ADMINISTRATION

Dawnus Construction, the property development giant based in...

 
15
 
Mar
 

Administrators appointed for Dorset building services firm | ADMINISTRATION

A building services company based in Dorset has been forced ...

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