York Brewery joins Black Sheep fold
York Brewery has been bought out of administration by Masham-based Black Sheep.
The deal includes the brewery, brands and four pubs and comes after York Brewery and its parent company Mitchell’s of Lancaster were placed in administration on December 13.
Black Sheep chairman Andy Slee said: “Entering administration was worrying for the team at York Brewery, but our deal offers some comfort that its successful brand can be maintained, and the pubs can continue to operate.
“York Brewery complements our strong brands and by acting quickly we have been able to provide a good outcome for both organisations.”
Managing director Rob Theakston added: “Over the last 26 years we have produced some of the UK’s most iconic, award-winning beers, and the purchase of another longstanding brewery will secure the future of another well-respected Yorkshire brand."
Steven Muncaster, managing director of administrator Duff & Phelps, said: “Despite being a popular destination for both locals and tourists, York Brewery unfortunately continued to face cashflow pressures, ultimately resulting in it being placed into administration.
“However, we’re delighted to have secured a sale for York Brewery, which is especially pleasing so close to Christmas.”
York Brewery has turnover of £2.1 million and employs 40 people.