HEINEKEN UK has taken complete ownership of Beavertown Brewery, the craft brewery it took a minority shareholding in during 2018.
The purchase sees Beavertown founder Logan Plant stepping down as chief executive and taking on an advisory role, with Jochen Van Esch becoming the Beavertown managing director.
Plant said: “Beavertown began in my kitchen ten years ago. From brewing in a rice pan to one of the most successful British brewers in recent years, employing over 160 people and brewing 360,000 hectolitres of beer, its success is something I could never have predicted back then.
“The culture of Beavertown is incredibly important and this is something that will continue. With Heineken, we have a partner who provides support, advice and investment, and gives us the space to flourish. Without them, my dream of being a world-renowned brewery that began with that rice pan a decade ago, would have been impossible. Jochen has worked closely with us all and I have absolute confidence that under his stewardship, the future of Beavertown is burning bright.”
Van Esch added: “Beavertown’s journey will not see huge change because the strategy is right.
“The brand is in growth, it has a fantastic culture and work ethos and people love the beers. We will support, invest and grow the company, and I am incredibly excited about the future.”