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Article: Marston's in pounds 19m swoop BREWING: Group extends influence in south-east
- Article from:
- Evening Mail
- Article date:
- July 12, 2007
- Author:
CopyrightCopyright 2007 Birmingham Mail. Provided by ProQuest LLC. (Hide copyright information)
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LEADING Midland brewer Marston's toasted another acquisition today
with a pounds 19 million-plus swoop for southern-based Ringwood
Brewery Ltd.
The Wolverhampton group, which has expanded its empire in recent
years with a number of acquisitions, said it had bought Ringwood for
a total consideration of pounds 19.2 million.
Ringwood was established in 1978 and its brands include award-
winning beers such as Ringwood Best Bitter, Old Thumper and
Fortyniner.
The business supplies approximately 700 customers, predominantly
in the South of England.
The Wolverhampton group said in a statement: "This transaction is
consistent with Marston's strategy of developing a portfolio of well- ...