Monty’s Brewery receives significant investment in line with ambitious growth plans
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Monty’s Brewery, award-winning brewers of Welsh beers, ales, and stouts, is delighted to share news of investment from renowned entrepreneur, Mike Harris, who has acquired a 51% stake in the company in line with ambitious growth plans.
Based in Montgomery, Powys, Monty’s Brewery have picked up a variety of awards for their outstanding range of products in recent years, including Insider’s prestigious Made in Wales Award within the Food & Drink category, as well a Gold Award in the Wales and West SIBA competition for their famous Monty’s Red IPA.
All products currently produced by Monty’s Brewery, including their various ales, stouts, and gluten-free beers, will continue to be produced and will still be available through existing outlets, with plans for further growth on a national scale currently in the works.
The acquisition is the first brewing acquisition made by Mike Harris’s investment vehicle, Ubuntu Holdings Ltd, with others expected on the Horizon. It follows Harris’s recent acquisition of Welshpool’s award-winning distillery, Henstone Distillery, as Ubuntu continue to expand on their operations across Wales and beyond.
Speaking on his excitement, Founder of Ubuntu Business Holdings Ltd and Chairman at The New Saints FC, said:
“This is a really exciting day for both myself and the team at Ubuntu Holdings Ltd. Monty’s Brewery has an excellent range of products on offer, frequently enjoyed by those across Powys and beyond.
“As one of the region’s most popular breweries, I’m excited to help Monty’s Brewery increase production and distribution on a national scale.”
Also speaking on the acquisition, Russ Honeyman, Commercial Director at Monty’s Brewery, said:
“This is a fantastic opportunity for us here at Monty’s Brewery. Mike has always had strong visions for the local area and community, as highlighted through his incredible work with The New Saints FC.
We are looking forward to sharing our multi-award winning beers with a wider audience and creating new products to add to The Monty’s Range.”
ENDS
Monty’s Brewery, Hendomen, Montgomery SY15 6HA
About Ubuntu Business Holdings Ltd:
Oswestry-based Ubuntu Holdings Ltd is owned by entrepreneur Mike Harris, operating as an investment vehicle for a variety of successful local businesses including NetPMD, SiFi Networks, and The New Saints Football Club.
About Monty’s Brewery
Monty’s Brewery was founded in 2009 by husband and wife, Russ and Pam Honeyman. They are a multi-award winning brewery, brewing beers of all styles, well-renowned throughout Wales for their alternative gluten-free range. www.montysbrewery.co.uk