Announced
Financials
Sources
Tags
Private Equity
beer brewing
beer
Acquisition
Friendly
United Kingdom
Brewers
Private
private equity sector
Minority
Single Bidder
Synopsis
Mosaic Private Equity, a private equity firm specializing in providing development capital for expansion and acquisition, backing management teams to acquire businesses. acquires 37.5% stake in SkinnyBrands, which is behind the popular Skinny Lager brand. Financial Terms were not disclosed. SkinnyBrands' management has been strengthened with Mihai Albu, ex-chief executive of ABI Russia and Central Europe, assuming the chief executive role, and Adrian Hirst, ex-global sales director at Kopparberg, being brought in as chief compliance officer. "This is an incredibly exciting new chapter of the company's rapid development and one that will shape the future for the business and hopefully the industry for years to come.", Tom Bell, SkinnyBrands CO-founder.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.