Liverpool Organic Brewery, based in Bootle and launched in 2008, has been purchased out of administration by Circus Group.
The brewery makes ales including 24 Carat Gold, Liverpool Pale Ale, Liverpool Pilsner and a range featuring historic local heroes, including feminist figurehead Josephine Butler and ‘Saint of the Slums’ Kitty Wilkinson.
Liverpool Organic Brewery launched in 2008 as one of the pioneering microbreweries in the North of England. Its beer is widely stocked across the city in real ale pubs.
The business traded successfully for most of the next decade, developing a number of well-known brands in the industry and on the beer festival circuit.
However, the rise in the number of microbreweries and the major breweries entering the craft beer market led to stiffer competition and a decrease in the sales over a period of time.
The company began to experience financial difficulties and increased creditor pressure, and with a deadline set by HMRC to revoke its wholesalers licence, directors called in Begbies Traynor, the business recovery advisers in Liverpool.
Encouraged
Jason Greenhalgh, partner at Begbies Traynor, said: “As a CAMRA member I was encouraged to see the high level of interest we received in the business when we marketed it for sale. I am delighted we have achieved a sale, which will hopefully see the brewery and the various products continue to be produced in Liverpool for many years to come.”
Mark Hensby, the founder of Liverpool Organic Brewery, added: “I am delighted a sale has been secured by Begbies Traynor and that the Liverpool Organic Brewery brand will continue in Liverpool.”
Jeff Arundell, chairman of Circus Group, said: “We are delighted to announce that we have successfully completed the purchase of Liverpool Organic Brewery Ltd from Begbies Traynor within the budgets and timescales originally envisaged. May we congratulate their partners, officers, consultants and legal representatives for their user-friendly approach and for expertly steering the transaction to a successful conclusion.
“We are delighted with this deal and we are happy to play a role in continuing to stimulate the craft beer revolution in Liverpool.”
