The settlement comes after Wild Beer Co, the Somerset, UK-based firm, went into administration final month, 5 years after securing nearly £1.8m in crowdfunding from traders for a state-of-the-art venue that was by no means constructed.
Commenting on the acquisition, Curious Brewery chairman, Mark Crowther, mentioned: “This new chapter for Wild Beer Co will deliver some stability, putting the enterprise on a positive footing. For Curious, this is a crucial step in our journey to grow to be one of many UK’s main brewers of specialist, premium beer and ciders.
“The Wild Beer Co acquisition brings a variety of positives together with high-quality beers and distinctive manufacturers, spectacular distribution in each the on and off-trade, in addition to a major direct-to-consumer e-commerce operation,” Crowther continued.
Curious Brewery, which was acquired out of the Chapel Down English wine enterprise, has its operations in Kent, England, the place it has a present manufacturing capability of 5 million pints per yr and potential to increase upwards of 15 million pints per yr.
Following the transaction, Wild Beer Co’s portfolio, led by flagship brew Wild IPA, will sit alongside Curious’ English lager, Curious Brew and its Curious Session IPA and Curious Apple cider.
As a part of the deal, Curious Brewery intends to honour the subscriptions and common reductions accessible to present members of Wild Beer Co’s Secret Cellar Membership and former shareholders.
