The acquisition of Aglesey Ales sees Cadman Capital Group add another Welsh brewer to its portfolio, following its purchase of Conwy Brewery in 2021.
This latest addition follows the retirement of Aglesey Ale’s founders, who took the plunge from home brewers to established business in 2017.
After two years, Aglesey Ales relocated to premises with a 10-barrel plant and today produces a small collection of canned beers under its signature Brewhouse brand, selling directly from the brewery and in shops around North Wales.
The acquisition by the privately owned equity firm represents a new phase of growth for Cadman as it plans to extend its market share within the drinks sector.
The investment company’s portfolio already spans a range of industries, including aquaculture, beverages, industrial, lifestyle and asset management.
Commenting on the acquisition, CEO of Cadman Capital Group, James Dinsdale said the new business will bring “fresh perspectives” to its “already diverse portfolio”.
Looking to expand the microbrewery’s foothold, Cadman says it will be expanding Aglesey Ale’s reach by leveraging its resources and expertise from its existing infrastructure, including Conwy Brewery.
“The combination of Anglesey’s distinctive craft style and Conwy’s traditional brewing heritage allows us to serve a wider range of customers across Wales,” Dinsdale continued.
By utilising Conwy Brewery’s brewing experience and sales network, Cadman says it will support Anglesey Ale’s ongoing operations, encouraging it to thrive under new leadership while preserving its foundations.
“Anglesey Ales will remain true to its roots as a vibrant, local brewery, with the added support of Cadman Capital’s resources to help it grow,” added Kane Upton, general manager at Conwy Brewery.
In related news, UK manufacturer Panesar Foods has been acquired by Finnish food and drink company, Paulig.
