It has come to News’ attention that Adnams, which hired advisors early this year to strengthen its finances, has already started reaching out to potential purchasers and investors.
Although it was not being considered last month, a source close to the 134-year-old Suffolk brewery revealed that a full sale of the business was now possible.
Nonetheless, they maintained that Adnams’s favored methods of obtaining cash continued to be an infusion of funds from a family office or high net worth investor.
They said they would also consider selling some of its freehold properties, which included its estate of bars and inns.
The plan’s stated goal is to raise money to settle bank debt and finance additional expansion plans.
A fraction of the business is still owned by the founding family, and Alvarez & Marsal provides advisory services.
