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    26

    May 2023

    Last Updated: 26/05/2023
    Business
    Business

    London investment firm buys Masham's Black Sheep Brewery

    by John Plummer

    | 26 May, 2023
    Comment

    0

    img_1072-1
    Black Sheep Brewery in Masham.

    A London investment firm has bought troubled Black Sheep Brewery in Masham.

    Black Sheep announced early this month it intended to appoint administrators after being hit hard by covid and rising costs.

    Breal Capital was reported to be leading the race to acquire the company.

    Today the news was confirmed in a short statement which did not reveal how much had been paid for the business.

    However, the news saved about 50 jobs in Masham and more in the supply chain.

    The new owners said it had "a proven track record of successfully transforming and growing the businesses it acquires".

    A spokesperson for the new Black Sheep Brewing Company said:



    “We are pleased to announce that Black Sheep Brewery has been acquired by the Breal Group and has become Black Sheep Brewing Company Limited, trading as Black Sheep Brewery.
    “This marks the next chapter in the history of Black Sheep as we look to grow the business in a sustainable way.
    “Our team will continue to produce great beers from our landmark brewery in Masham, North Yorkshire and we look forward to welcoming bank holiday customers and tourists to all our retail sites this weekend.
    “Breal has a proven track record of successfully transforming and growing the businesses it acquires through the private capital, operational resources, and strategic expertise it brings and we look forward to working closely with the team.”





    Read more:



    • Talks to buy Masham's Black Sheep Brewery reported to be underway

    • Masham's Black Sheep Brewery to enter administration