Private investors acquire St Peter’s Brewery
St Peter’s Brewery in Suffolk has been bought by a group of private investors after its founder decided to retire from the business after 23 years.
St Peter’s founder John Murphy announced his decision to retire and sell the business after 23 years of trading.
Now shipped to over 20 countries, St Peter’s was founded in 1996 in the grounds of the ancient moated St. Peter’s Hall near Bungay. It has now been acquired by a group of investors, led by CEO Derek Jones, who previously held senior positions at global brewers Molson Coors and SABMiller.
Jones commented: “This is an incredibly exciting new chapter for St Peter’s Brewery. St Peter’s has strong roots and a very distinctive identity. It is a powerful platform from which to grow the business into the future.”
“John Murphy had a clear vision for the brand, and we want to build on that. We will invest in the brewery in Suffolk from the outset to maintain quality while meeting growing demand. We believe the staff St Peter’s have contributed enormously to the company’s success and are key to its future. We look forward to working with this excellent team and making some really good British beer.”
The financial terms of the deal have not been disclosed.