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London-based brewer Fourpure was bought by the Australian beer giant Lion for an undisclosed amount.
The Australian company took full ownership of the Bermondsey-based brewery, but the two founders declared that they would remain involved
The Dan brothers and Tom Lowe started the business in 2013. Since then, they have grown, increasing by 2.5 million pounds this year.
"In four years, Fourpure became one of the Brussels leaders." Daniel Lowe: "We met Lion towards the end of our process after considering a wide range of financing options, and we we quickly realized that we were independent craft brewers, had a vision and shared values. "
Read more : Beavertown confirms sale of stake to Heineken to fund a £ 40m Brewery
Lion International Trade was launched in 2015 to sell a range of Australian and New Zealand craft beer products in the UK and Europe. "We are making real progress in making our craft beers like Little Creatures available in the UK and Europe and we are seeing great opportunities to work together to get these and Fourpure's breaststrokes into the hands of more. beer lovers, "commented the director of global markets of Lion Matt Tapper.
Read More : Brewdog Sales Rise But Higher Investment Eats in Profit
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