Magic Rock acquired by Australia's Lion
Magic Rock Brewing Company has been bought by Australian-based food and drink company Lion, for an undisclosed sum.
The Huddersfield-based brewer was founded in 2011 by managing director, Richard Burhouse, and head brewer, Stuart Ross. The business employs 45 people and it currently exports its beers to 25 countries.
Burhouse, who will remain with the business, said the acquisition will drive a “shared promise to keep making great beer, on a bigger scale”.
Lion already has a role as the custodian for London craft brewer Fourpure Brewing Co, a position it has held since July 2018, while it also produces Castlemain’s flagship beer, XXXX.
Burhouse said: “With the support of our community in eight years Magic Rock has become one of the UK’s leading craft brewers, distributing across the UK as well as internationally. The best way for us to build on this legacy over the long term is to introduce Magic Rock beers to a much wider audience.
"We are excited to be joining one of the world’s best brewing experts under the shared promise to keep making great beer, on a bigger scale, through their knowledge, expertise and investment.”
Lion global markets managing director Matt Tapper said: “Magic Rock has been one of the pioneers in the UK craft beer scene and has built a loyal following due to its relentless pursuit of authenticity and quality. We are excited to have the opportunity to help Richard and the team build on their success.”