Carlsberg Marstons Brewery Company

[hondo]

will create "synergies and productivity" benefits, :rolleyes:
https://www.bbc.co.uk/news/business-52770262

https://www.morningadvertiser.co.uk/Article/2020/05/22/Carlsberg-and-Marston-s-to-merge-in-780m-joint-venture

[Pangolin]

Just to clarify, the proposal would see Marston's reduced to a pubco, but also owning 40% of the new brewing company, which would take over the 6 Marston's breweries and Carlsberg Northampton (and London Fields). The small print appears to give them the right to sell out to Carlsberg in the future, or to anyone after 10 years. A worrying part is that the new brewing co would gain 'exclusive rights' to distribute to Marston's pub portfolio. There is a throw-away line about continuing to distribute 'third party beer brands' but this looks likely to be the international licensed stuff.

The key reason seems to be the chance to pay off some of their (Marston's) debt mountain. Usual provisos of shareholders' and monopolies approval apply.

[rpadam]

Just to clarify, the proposal would see Marston's reduced to a pubco, but also owning 40% of the new brewing company, which would take over the 6 Marston's breweries and Carlsberg Northampton (and London Fields). The small print appears to give them the right to sell out to Carlsberg in the future, or to anyone after 10 years.
So, when the music stopped, the parcel marked 'Youngs' was in the lap of some chap from Copenhagen?

[Bucking Fastard]

......"synergies and productivity " could mean the bean counters taking a hard,unsympathetic look at the few interesting brews left in the "portfolio" such as Old Empire,Owd Roger,49er,Old Thumper and Cocker Hoop.

Much less choice for lager drinkers at Marston's pubco however doesn't worry me,I'm a bitter man.

[Mobyduck]

I'm a bitter man.

As long as you don't get twisted.

[london calling]

Maybe Marstons have realised nobody likes our shit beers and its time to get out.Cant see much future for low selling niche beers.I personally avoid Marstons beers other than Old Empire in Tesco,s .Rarely touch their stuff in the pubs its bland.Surprised that Marstons have the minority share.

[london calling]

So, when the music stopped, the parcel marked 'Youngs' was in the lap of some chap from Copenhagen?
That made me laugh. cheers

[sheffield hatter]

Maybe Marstons have realised nobody likes our shit beers and its time to get out.Cant see much future for low selling niche beers.I personally avoid Marstons beers other than Old Empire in Tesco,s .Rarely touch their stuff in the pubs its bland.Surprised that Marstons have the minority share.

Depends what you mean by low selling niche beers. You might find this interesting: https://www.marstons.co.uk/docs/reports/2019/on-trade-beer-report-2019.pdf

[london calling]

Depends what you mean by low selling niche beers. You might find this interesting: https://www.marstons.co.uk/docs/reports/2019/on-trade-beer-report-2019.pdf

Old Empire-Owd Roger - Old Thumper are the beers I mean. Looks like Youngs were ahead of the curve when they sold out the brewery.The craft beer movement seems to have hurt the traditional brewers more than they have admitted.Tesco has Banks -Amber for about 90p.Cant be any money to be made at that price.

[rpadam]

You might find this interesting: https://www.marstons.co.uk/docs/reports/2019/on-trade-beer-report-2019.pdf
I was dubious at first, thinking that this would be merely spin and hype from the Marston's PR team, but there is actually a lot in interesting information in here (including if you are thinking of picking up a pub in Wigan (http://forums.pubsgalore.co.uk/showthread.php?31679-Should-I-take-on-a-pub-in-Wigan), or anywhere else for that matter...).