145 jobs saved as Black Sheep Brewery is acquired by The Great British Drinks Company
The Great British Drinks Company has acquired Black Sheep Brewery in a move that will save 145 jobs.
A spokesman said the newly formed Great British Drinks Company, backed by the entrepreneurs behind Paramount Retail Group, had stepped in to “revitalise” the Masham-based Black Sheep & Purity brewery in a £6.5m deal.
The statement said the deal will save 145 jobs, the brewery and its brands including Purity Brewing Co, Brew By Numbers, Brick Brewery, North Brewing Company, Magic Rock Brewing and Fourpure Brewing Co.
Sunny Sharma, Co Founder of Great British Drinks Company said: “Our approach is to ensure each brewery and its brands maintain their distinctiveness and independence, that only comes from the people and places involved, not through consolidation. Our ethos is one of stewardship.”
The statement added: “Black Sheep brewery has a strong retail presence serving most of the major UK supermarkets alongside an equally strong pub and restaurant presence. The business is being acquired for a sum in the region of £4.5m and a future investment plan of over £2m will be put in place to restore the business back to growth.”