Saltaire Brewery has been acquired by a fellow Yorkshire business with interests ranging from confectionery to pet food.
Blonde is one of Saltaire’s best-known brands
Paramount Retail Group, which also owns the Montezuma’s chocolate brand, sees Saltaire as a regional brand with “significant national and international growth potential”.
“With the increasing global demand for UK-made products, particularly in the USA and Asia, we see tremendous growth potential,” Paramount Retail Group director Sunny Sharma said in a statement.
“This acquisition enables us to introduce the best of British brewing to a broader audience, underscoring our commitment to quality and innovation.
“We are excited about the opportunities this acquisition presents and are confident it will significantly contribute to our growth strategy to pursue further acquisitions of prominent brands, strengthening our market presence.”
Docks Beers and Torrside Brewing have collaborated on Lewisian, a 5.15 ABV pale ale. The beer is “made with some of the best and most exciting British hops we could lay our hands on”, say the brewers.
Revenue at Batemans rose from £18,172,968 in 2022 to £20,295,973 in the year to 31st January, 2024. However, pre-tax profit was down from £1,698,241 to £1,514,304. “During the year, the company achieved a satisfactory performance, delivering increases in turnover, gross profit, and operating profit,” said director Haydn Biddle. “This reflected a continuing improvement in trading across all major business units, following the issues created by Covid.”
