Marston's offloads brewing arm to focus on pub business
Legendary beer maker Marston's has offloaded its brewing arm in order to focus on the pub side of the business.
The Wolverhampton-based company has agreed to sell its holding of a joint venture with the UK arm of Danish giant Carlsberg.
Called the Carlsberg Marston's Brewing Company, the partnership makes brands including Hobgoblin and Pedigree. Marston's said it would receive £206 million to sell Carlsberg its 40 per cent stake in the joint venture.
It comes four years after the two brewers created the UK partnership in a deal valuing the operation at £780 million as Marston's sought to focus more on its pub operation.
Email newsletters
BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry a
Recommend
Plastic parts manufacturer merges with 100-year-old firm
2025/04/24
2025/04/24
North East names Barbour and Bedmax regain Royal Warrants
2025/04/24
2025/04/24
West Country manufacturers among UK's best performing post-pandemic
2025/04/24
2025/04/24
Endless-owned meat firms Smithfield Murray and YPM join forces as Karnova to plan further acquisitions
2025/04/24
2025/04/24
AIM-listed manufacturer sees profits dive as demand reduces
2025/04/24
2025/04/24
North Wales operation of pharma giant Wockhardt secures £20m new facility to expand
2025/04/24
2025/04/24
Sheffield software firm IntelliAM AI secures £263,000 Digital Innovation Fund award
2025/04/24
2025/04/24
Robotics pioneer Wootzano to swap County Durham for Tyneside in new HQ move
2025/04/24
2025/04/24
New chair for engineering firm Spirax-Sarco
2025/04/24
2025/04/24
William Cook Group chalks up rising revenues and profits amid growth in all markets
2025/04/24
2025/04/24
