The investment firm is the frontrunner to acquire The Black Sheep Brewery, which filed a notice of intention to appoint administrators last week, Sky News learns.
Breal Capital, an investment firm, is in talks to buy The Black Sheep Brewery days after the prominent Yorkshire-based company warned that it was on the brink of insolvency.
Industry sources said on Thursday that other bidders remained in contention to acquire the business, and that a deal with Breal was not yet certain. The company, which was founded by Paul Theakston in 1992, said its performance had been hit by the pandemic and that it required new investment.
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