Anheuser-Busch InBev has confirmed to just-drinks that it will close its Stag Brewery in London by the end of the year.

The Thames-side brewery, which was earmarked for closure in 2009 before earning a reprieve, will be sold for redevelopment, A-B InBev said today. A spokesperson for the company told just drinks that discussions with employees are ongoing.

About 100 staff work at the brewery.

The brewery produces Budweiser for the UK market and was saved from closure in 2009 because of what the firm called strong consumer demand for the beer in the country. At the time, however, A-B InBev said: "Fundamental issues with the site mean that it remains our intention to close the Stag Brewery in time."

The spokesperson said A-B InBev's Magor and Samlesbury breweries "are able and prepared" to take the additional volume from the closure of Stag.

The spokesperson added: "Earlier this year we announced our plans to close the site by the end of 2015. We have recently concluded the collective consultation with our colleagues on-site at Stag Brewery who will continue to be treated with dignity and respect throughout the process."