Berkshire brewery launches share scheme
A Berkshire brewery is offering fans of its beers the opportunity to invest in the business.
Yattendon-based West Berkshire Brewery was founded 20 years ago by husband and wife team Dave and Helen Maggs. It has been achieving annual growth of around 20% per year for over a decade to achieve annual sales exceeding £1 million.
Its beers include Good Old Boy and Dr Hexter’s Healer and the company has off-trade listings with Waitrose and Fortnum & Mason.
WBB is chaired by pub entrepreneur David Bruce, the founder of the Firkin pub chain in the 1970s who was also involved in the development of Slug & Lettuce.
Bruce said: “WBB is a fabulous, authentic, British brewing success story which I am absolutely thrilled now to lead.
“WBB makes wonderful beers in a glorious part of the world – where I have been fortunate enough to live for many years – and the really exciting bit is that beer lovers and craft-brewing enthusiasts now have the chance to join us as shareholders and to share in this great story, as well as in our future success.”
The company is offering the opportunity to buy a stake for as little as £1,000.
Bruce invested £100,000 last July and is buying a further £50,000 worth of shares as part of the new initiative.
The Maggs run WBB with business partners Andy and Karen Baum.