North Brewing Co saved from administration
North Brewing Co has had its future secured after it was acquired by Steve Holt of Kirkstall Brewery.
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North Brewing Co has had its future secured after it was acquired by Steve Holt of Kirkstall Brewery.
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Kirkstall Brewery founder Steve Holt has purchased North and three of its tap rooms from administration, the drinks business can exclusively reveal.
Paragon would have been willing to acquire the entire Communisis business on a solvent basis – including its pension scheme liabilities – for £1 in May 2023, but the deal was rejected and the group struggled on for a further seven months before going into administration with a subsequent pre-pack sale of parts of the business to… Paragon.