Sky News has reported that Yorkshire’s Black Sheep Brewery could be on the brink of being saved by investment company Breal Capital.
In April, the company announced a strategic review, which could include the sale of the company. Last week, the board said it intended to appoint administrators.
Sky said Breal had emerged as leading contender to purchase Black Sheep, although it is understood that other bidders remain in the process to potentially buy the company.
In Bristol, however, popular brewer Dawkins Ales has announced that it is ceasing brewing operations, although its estate of six pubs will remain open.
On social media, brewery founder Glen Dawkins said: “Despite the amazing efforts of the brilliant team, we could not continue against the overwhelming headwinds of spiralling costs alongside post-Covid recovery.
“I have seen many fellow brewers succumb and I am devastated to be joining them. Thank you to all our customers for their support as the brewery grew, helping us through recession and Covid.”
