Raider Norwegian småbryggerier – Dagbladet.no

(Financial Newspaper): Financial newspaper can tell that Norbrew buys 60 percent stake in Haandbryggeriet. With four breweries and a capacity of 10 million liters in its portfolio are Norbrew Norway’s largest håndverksøl.

Acquisitions Raid

Voss Joint Brewery was established in Voss last year, Northern & amp; Co. began producing beer in Fedje in Hordaland last summer and Oslo & amp; Akershus brewery will be completed in January next year. Now merged these three into a joint company, newly established Norbrew.

In addition, buying Norbrew a proportion of the shares in Haandbryggeriet in Drammen.

The country’s largest within håndverksøl

– We have purchased 60 percent of shares in Haandbryggeriet. The shares acquired in August. With this being Norbrew country’s largest provider of håndverksøl, with a total capacity of about 10 million liters, says Steinar Knutsen, CEO of Norbrew, Finance newspaper.

Haandbryggeriet was owned by Jens Petter Maudal (40 percent), Arne Eide (20 percent), Egil Hilde (20 percent) and Rune Eriksen (20 percent). It is Maudal and Eriksen who have sold their shareholdings to Norbrew. The parties do not want to go out with the price.

The idea behind Norbrew is that this company will perform logistics and marketing to chains, Vinmonopolet, HoReCa and export markets on behalf of the four breweries.

Clear ambitions

– We take us of paperwork, while breweries to do what they do best: brew beer. This is something the chains and HoReCa want, for small breweries often fails to meet the chains on their terms. Norbrew also have the finances to build the capacity, says Knutsen, who estimates that the four breweries overall turnover of NOK 100 million for next year.

– Why will you invest in just these four craft breweries?

– They have different geographical locations, and they all have a good story to tell. Therefore fits very well together, says Knutsen Finansavisen.

Now Norbrew fetch 15 million in a private placement. Knutsen says Norbrew priced to 39.5 million before issue.

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