Post date: 08/03/2011 - 15:41
Molson Coors to invest in Sharp’s BreweryMolson Coors is to invest £5m in Sharp’s Brewery at Rock, Cornwall, between now and 2013 to ensure that the brewery can manage demand and sustain its growth. The cash will be used for an upgrade to the water treatment plant, additional fermentation vessels and a new packaging area
Molson Coors is to invest £5m in Sharp’s Brewery at Rock, Cornwall, between now and 2013 to ensure that the brewery can manage demand and sustain its growth. The cash will be used for an upgrade to the water treatment plant, additional fermentation vessels and a new packaging area
Molson Coors acquired Sharp’s Brewery in February 2011 and it says the investment is evidence of its planned growth for the Rock-based brewer.
Sharp’s head brewer, Stuart Howe, said: “This is great news for Sharp’s Brewery. Production capacity represents the biggest constraint to exceptional growth and this investment will serve two purposes: to meet immediate demand and support the growth of great beers that continue to capture the attention of drinkers up and down the land.”
Mark Hunter, chief executive of Molson Coors (UK & Ireland), added: “The beer industry is under great strain with breweries closing down across the country, but we envisage great things for Sharp’s Brewery. The team at Sharp’s have a passion for brewing beer of the highest quality. This is an exciting new chapter and this investment will help the Sharp’s brands realise their full potential.”
North Cornwall MP Dan Rogerson commented: “I am delighted that Molson Coors are demonstrating their commitment to Rock and North Cornwall so early on in their partnership. It is a testament to their belief in the know-how of Stuart Howe and his team that they are investing millions in the future of the brewery and its award-winning ales. I look forward to watching this Cornish success story continue to sweep the country.”
The capital investment programme is part of a wider programme from Molson Coors spread across its breweries and maltings in Burton, the UK’s biggest brewery, Tadcaster and Alton.