Announced

MML Capital Partners to acquire Close Brewery Rentals from Close Brother Group.

Synopsis

MML Capital Partners, a private equity firm, agreed to acquire Close Brewery Rental, a provider of tailored solutions for kegs, casks, and container maintenance services, from Close Brothers Group, a merchant banking group. Financial terms were not disclosed. "Asset pooling is a core area of focus for MML Keystone. The combination of real societal benefit from the efficient use of packaging assets and the ability to deliver economic benefits to clients makes this type of business very attractive to us," Andrew Honan, MML Keystone Co-Managing Partner.

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MergerLinks - MML Capital Partners to acquire Close Brewery Rentals from Close Brother Group.