Just four years after buying it, Carlsberg Marstons Brewing Co (CMBC) is set to close London Fields Brewery and put the site and brand on the market.
When it was simply Carlsberg, the Danich company bought the brewery in 2017, in a joint venture with Brooklyn Brewery.
At the time, Julian Momen, Carlsberg UK’s chief executive, said: “Our customers, and specifically those in London and other major cities, are looking to us to offer them the best possible range of interesting craft beers, and we think that, with nurturing, London Fields Brewery has huge potential. It’s the right move for us as we build a credible craft portfolio.”
This week, CMBC CEO, Paul Davies, said the company would enter into a period of consultation with the London Fields team. It would also explore market interest in the business.
The taproom has closed with immediate effect, and brewing has been suspended. Hartlepool-based Camerons will brew some of the beers for on-trade customers.
Mr Davies said: “After several months of careful review, it is clear growing London Fields Brewery will require significant time, resource, and marketing investment.
“We understand this news will be devastating and disappointing, but we cannot shy away from making the difficult choices that we believe are crucial to investing in scaling the right brands for the future and making CMBC a stronger industry-leading business.”