Evelyn Partners team appointed Joint Administrators of Brew by Numbers Limited craft brewery

Brew by Numbers is well-established, operating as a microbrewery with a taproom in London and an e-commerce sales channel. It was founded in 2011, the original brewery and taproom opened in Enid Street, at the heart of the popular ‘Bermondsey Beer Mile’. In 2021 they moved their main production to a new brewery in Morden Wharf, Greenwich and added a 400-person capacity taproom on the banks of the River Thames.

Despite developing a loyal following from craft beer fans, Brew by Numbers has faced difficult trading conditions in recent years due to a combination of the Covid-19 pandemic and escalating prices.

Finbarr O’Connell, a partner at Evelyn Partners and the Joint Administrator of Brew by Numbers, said:

“Brew by Numbers is renowned for their offerings of high-quality and distinctive beers. As Joint Administrators, our primary objective is to preserve the company's operations and ensure the continuity of employment for its dedicated workforce. We remain committed to overseeing the operations of Brew by Numbers whilst conducting a sale process to pursue a resolution that maximises value and ensures the continued success of the business.”

Colin Hardman, a partner at Evelyn Partners and the Joint Administrator of Brew By Numbers, said:

“Craft breweries are increasingly finding that they need to reassess their pricing strategies and explore avenues for improving cost efficiencies without compromising the quality that sets them apart. Collaborations and partnerships within the industry could provide opportunities for mutual growth and help address the financial challenges collectively. This brewery is very popular amongst its customers, as such we anticipate a lot of interest in acquiring this iconic brand.”

The Joint Administrators continue to trade the business, the taproom at Morden Wharf and sales through the website as normal, with as little disruption as possible. During this period, they are also conducting a sales process and would ask that any interest in the business is registered with the Joint Administrators as quickly as possible by emailing devina.patel@evelyn.com. The deadline for expressions of interest is 23 June 2023.