AB InBev acquires Camden Town Brewery

AB InBev acquires Camden Town Brewery
22/12/2015 - 12:33
Camden Town Brewery has announced that it is partnering with AB InBev in a deal that sees AB InBev acquire Camden Town Brewery to help deliver plans for growth and expansion.

The deal follows a successful bid by Camden Town Brewery to raise capital via crowd funding and will support the company’s plan to build a second brewery in London, employing 30 more people and meeting growing demand for its products. 

Camden Town Brewery founder, Jasper Cuppaidge, said: “Our growth has been phenomenal. To keep up with the demand for our distinctive beers we’ve had to look at expanding our brewing capacity and team.

“AB InBev is going to be our strategic partner, helping us maintain the character and quality of our beers, while giving us access to the investment we need to drive Camden to being ever more successful at home and abroad.

“Opportunities like this come rarely. We believe we must have the ambition to grab this opportunity and turn Camden Town Brewery, and the quality it stands for, from being an outstanding London brewer to being a world famous one.”

The deal is expected to close by January 7th, following which Camden Town Brewery will become a wholly-owned subsidiary of AB InBev.

Founded by Jasper Cuppaidge, the owner of The Horseshoe pub in Hampstead, Camden Town Brewery started full production in 2010. 

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