Black Sheep acquired by Breal Group

By Rebecca Weller

- Last updated on GMT

Next chapter: Black Sheep Brewery has been acquired by Breal Group (Credit: Getty/andresr)
Next chapter: Black Sheep Brewery has been acquired by Breal Group (Credit: Getty/andresr)

Related tags Beer North yorkshire Brewery Black sheep brewery

North Yorkshire-based Black Sheep Brewery, its shop and pubs have been acquired by lending and advisory firm Breal Group.

Following the acquisition, the Masham based brewery, which was founded in 1992 and employs some 150 people, said it was “pleased” to announce it had become Black Sheep Brewing Company Limited, trading as Black Sheep Brewery.

A spokesperson for the new Black Sheep Brewing Company said: “This marks the next chapter in the history of Black Sheep​ as we look to grow the business in a sustainable way.  

Strategic review 

“Our team will continue to produce great beers from our landmark brewery in Masham and we also look forward to welcoming customers and tourists to all our retail sites.

“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.”

Earlier this month, Black Sheep announced it had filed a notice of intention to appoint administrators Teneo as part of its “strategic review” to explore funding options with a view to take the business forward amid prevailing economic conditions.

Important addition 

The award-winning company’s chief executive and chair Charlene Lyons explained the decision was taken to “protect the business and its creditors”.

Lyons added​ the business had been “hit very hard” by the pandemic and a “perfect storm” of rising costs across the board.

Leading on the acquisition, Freeths’ restructuring partner John Jeffreys said: “We are extremely pleased to have supported our client Breal Capital in this acquisition which represents an important addition to its existing portfolio. 

“The future of this well-loved Brewery has been secured with Breal’s support and we wish them every success.”

Related topics Beer

Related news

Show more