Marston’s acquires Charles Wells brewery in £55M deal
Marston’s agreed to acquire the brewing business of Charles Wells Group in a deal worth £55M this month (May 19), which will see the brewer expand its presence in the UK.
Wolverhampton-based Marston’s will take control of Charles Wells’s portfolio of more than 30 beers, including the Bombardier, Young’s and McEwan’s brands.
The brewer will also gain the distribution rights for the Estrella Damm lager brand and other beers under license including Kirin and Erdinger.
As part of the acquisition, Marston’s has entered into a longterm exclusive agreement to supply all beer, wine, spirits and minerals to the Charles Wells pub estate.
“From a supply chain perspective, Charles Wells offers lager brewing and canning capacity of scale, activities which are not currently undertaken by Marston’s,” said the company.