Carlsberg Marston’s Brewing Company (CMBC) has announced plans to close its Ringwood Brewery and shop.

The Hampshire site will shutter from January, after CMBC failed to secure a sale.

Production of the Ringwood brands will move to other breweries in the CMBC network – brewing for the cask variants of Razorback, Fortyniner and Boondoggle will go to Banks’s Brewery, and Old Thumper cask brewing to Marston’s Brewery. Razorback, Boondoggle and Fortyniner bottles are already brewed at the Marston’s site. The logistics side of the operation has already been moved to CMBC’s Tiverton and Farnborough sites.

Paul Davies, CEO of CMBC, said: “Having, over the last six months, been unable to secure a sale of our Ringwood Brewery operation in Hampshire, we have made the difficult decision to announce our intention to close the site. Given its limited space and residential location, the expansion and improvements required for the site to be competitive would be challenging and extremely costly. While we believe this is the right course of action for our business it is by no means a decision we have taken lightly.

“We are incredibly proud of the effort and dedication of our people at Ringwood Brewery – our priority now is to support colleagues affected by the proposals through the consultation period, which has now begun.”

Anthony Swift, a former-City corporate finance advisor, who lives near Fordingbridge, was leading a consortium of private investors hoping to keep the business open.

He called the decision to close the brewery a “tragedy”.

“My consortium had plans to revive Ringwood Brewery as an independent brewer of local craft ales, an active sponsor of local events, a brewer of seasonal ales, and to bring back to Ringwood the draymen, the marketing team, the sales reps, the finance and HR teams,” he said.