Brewer Marston’s takes another gulp of Thwaites
BRITISH pub brewer and operator Marston’s has said it will take another gulp of north west-based beer maker Thwaites.
In an update to the London Stock Exchange yesterday, Marston’s, which has been brewing Thwaites’ beers since early last year, announced it had bought its beer division outright for £25.1m.
As part of the acquisition, Marston’s has entered into a long-term exclusive agreement to supply all beer, wine, spirits and minerals to Thwaites’ pub estate.
Ralph Findlay, Marstons’ chief executive, said: “I am delighted to welcome our new colleagues to Marston’s. We are acquiring a very high quality business with good people and brands, and with growth potential.” The group hopes that snapping up the beer division will enable it to focus on expanding its pubs, inns and hotels.
Findlay said the deal would make the most of increasing consumer interest in exploring different beers.