Paramount Retail Group, a family-owned investment firm has acquired Yorkshire’s craft beer producer, Saltaire Brewery.

It is the first acquisition in the drinks sector for the Sheffield-headquartered group who say it will use its expertise and resources to support the Saltaire Brewery brand, who are based near Shipley, West Yorkshire.

Their product range already has regional listings in Tesco, Asda, Sainsbury’s, Morrisons, Co-op and Marks and Spencers.

Saltaire Brewery’s management team will remain in their positions following the acquisition.

Our real estate and corporate teams including Martin Sweeney, partner, Pardeep Khela, director and Jack Venable, solicitor, advised Paramount Retail Group on the acquisition.

Sunny Sharma, director at Paramount Retail Group, said: “Saltaire Brewery’s outstanding craft beers are a perfect complement to our existing range of heritage brands. With the increasing global demand for UK-made products, particularly in the USA and Asia, we see tremendous growth potential. This acquisition enables us to introduce the best of British brewing to a broader audience, underscoring our commitment to quality and innovation.”

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