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15
Mar 2024
Jobs lost at Black Sheep Brewery in Masham
The new owners of Black Sheep Brewery have made redundancies at the Masham firm.
Keystone Brewing Group, which acquired the brewery from administration in May last year for £5 million said a “strategic restructuring” resulted in the “reduction of a small number of roles” within Black Sheep.
The company attributed the redundancies to “enormous challenges” faced by the hospitality sector and said “efficiency measures are essential” to secure the future of the brewery.
Chief executive Mark Williams said the organisation was “forced to consider all options available”, adding:
The Stray Ferret asked Black Sheep Brewery to confirm whether those made redundant had been paid. The team responded:
We also asked the company to confirm exactly how many redundancies were made, but did not receive a response.
The news comes just weeks after the firm announced former chief executive Charlene Lyons had stepped down after nine years in post.
In a press release issued last month, the company said Ms Lyons had left “to pursue other interests”.
Ms Lyons was kept on following last year's sale of Black Sheep, which also resulted in a “small number” of staff losing their jobs at the time.
Administrators Teneo Financial Advisory revealed sales fell from £19 million in 2019 to £14 million in 2022 – resulting in a £1.6 million loss.
Creditors, including HMRC, were owed nearly £3 million.
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