Yahoo Finance Heineken UK takes over London's largest Brewery
Heineken UK announced the purchase of the remaining shares of London's largest brewery, Beavertown Brewery.
The Dutch brewing company had purchased a minority share in Beavertown in 2018, but today Heineken took full ownership of one of the UK’s leading pub, cider and beer businesses.
Beavertown Brewery founder Logan Plant is now stepping down as CEO to take on a new advisory role, whilst Jochen Van Esch will become the new Beavertown Managing Director.
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Jochen Van Esch has worked for Heineken for over 20 years and has been the Brewery Operations Director at Heineken UK since 2014.
Together with Logan, he has created a unique partnership with Beavertown Brewery, a part of his role on the board.
Van Esch said: “I’ve worked closely alongside Logan and the team for five years now, during which the new brewery has been built, we’ve opened the first Beavertown pub, and the brand has become one of the most popular super-premium beers in the country.
“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.”
Heineken's (HEIA.AS) plan for the new ownership structure of Beaverton Brewery is to allow the brand to grow significantly and could see up to 50 new jobs being created.
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Founder of Beaverton Brewery Logan Plant said: “Beavertown began in my kitchen, 10 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, and I am extremely proud that we have agreed the deal with Heineken UK which is the natural next step for Beavertown, its brands, and most importantly, its people.
“The culture of Beavertown is incredibly important, our unique creativity in our design and marketing, our drive to brew the very best tasting beers, and the passion for excellence at the moment people order a pint, and this is something that will continue."
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