Brew By Numbers purchased by Breal Capital

It’s part of Breal’s continued strategy of brewery acquisitions, having earlier concluded deals for Yorkshire-based Black Sheep Brewery and the Peckham-based Brick Brewery.  

The news comes just over two months after Finbarr O’Connell and Colin Hardman of Evelyn Partners were appointed as its administrators, with the brewery continuing to trade whilst the sales process took place.  

In response to the news, Hardman said: “We have seen widespread pressure in the brewing industry over the past few years due in particular to the pandemic, the post-Brexit complexity of export paperwork, increased materials costs, reduced discretionary spending and changes to Beer Duty laws.  

“This has resulted in numerous microbreweries being forced to close in recent years. It therefore comes as no surprise that the latest Society of Independent Brewery Craft Beer Report noted that 63% of its members said their business priority is survival.  

“We are therefore even more delighted to have rescued this pioneering and much-loved brand. We want to thank all the key stakeholders including staff, financiers and critical suppliers for helping make this happen.” 

A spokesperson for Breal added: “It’s been a pleasure working with the joint administrators on the transaction to buy BBNo. This, the third acquisition in our expansion into the brewing sector, we are excited to be able to onboard BBNo.

“BBNo have a unique, well established product range, and equally well-known brand. They will add considerable value to the wider product offerings of Brick and Black Sheep breweries that are now a part of their brewing family.”