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11
May 2023
Talks to buy Masham's Black Sheep Brewery reported to be underway
A London investment firm is in talks to buy Masham's troubled Black Sheep Brewery, according to media reports today.
The brewery, which employs about 50 staff, said last week it intended to appoint administrators after being hit hard by covid and rising costs.
Sky News reported Breal Capital has emerged as the leading contender to acquire the company, which was founded in 1992 by Paul Theakston.
Sky News said "other bidders remained in contention to acquire the business, and that a deal with Breal was not yet certain".
It added the brewery asked interested parties to table offers by last Friday, and cited a pre-pack administration as one possible outcome.
Breal Capital is part of Breal Group, which did not respond to the Stray Ferret's request for comment today.
Charlene Lyons, Black Sheep Brewery's chief executive, said last week:
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