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Heineken buys 49% stake in Brixton Brewery

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Heineken has purchased a 49% share in London-based craft brewer Brixton Brewery. 

Heineken has purchased 49% of Brixton Brewery

Heineken has purchased 49% of Brixton Brewery

Brixton Brewery said yesterday, via a blog post, that a partnership with Heineken would allow the business to expand. The move comes as the brewery, which launched in 2013, prepares to move to a larger site.

Brixton Brewery said the new site, still within Brixton, would take brewing capacity from 12,000 pints per week to 60,000. Brewing equipment is expected to be installed in spring 2018.  

The craft brewer's founders - Jez and Libby Galaun, Mike Ross and Xochitl Benjamin - will remain majority shareholders and continue to manage the business.

"The brewery is already known for beautiful beers, brewed in the heart of Brixton," said Jochen Van Esch, brewing and operations director at Heineken. "Our partnership allows them to stay rooted in the community while building a new brewery to meet the huge demand for their beers. We believe in the founders and their vision for the business. By investing in a minority stake we provide the investment they require to grow, while ensuring they retain full control, running Brixton Brewery as an independent business. Over time, our partnership will help Brixton Brewery bring their great beers to more people across London and beyond while complementing Heineken's existing portfolio."

Brixton Brewery's portfolio includes Low Voltage IPA, Atlantic APA and Effra Ale. Financial details behind the deal were not disclosed. 

Smaller London breweries continue to be targets for multinationals. In late 2015, Anheuser-Busch InBev purchased Camden Town Brewery, with Asahi taking control of Meantime - via SABMiller - in April 2016. Carlsberg followed suit in July 2017, with the acquisition of London Fields

Earlier this year, Heineken took full control of US craft brewer Lagunitas, 19 months after an initial 50/50 partnership

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