Carlsberg UK has grown its craft beer portfolio with the acquisition of London Fields Brewery as part of a joint venture with New York brewer Brooklyn Brewery.
Following the acquisition, London Fields Brewery will operate as an independent business within the joint venture, with its craft beer range becoming part of Carlsberg’s core portfolio in the UK.
In addition, the range will form part of the Danish brewer’s House of Beers portfolio, which caters for premium venues across London and other major cities, and which already includes Brooklyn Brewery’s craft beers.
With “nurturing”, London Fields Brewery had “huge potential”, said Julian Momen, Carlsberg UK’s chief executive officer, adding the acquisition was “the right move for us" as it build a credible craft portfolio.
Founded in 2011, Hackney-based London Fields Brewery’s portfolio includes Craft Lager, Easy IPA and Shoreditch Triangle IPA. Currently brewed outside Hackney by a brewing partner, investment would be made to re-introduce brewing at its original home under the railway arches in Hackney, and to upgrade its tap-room and events space.
Brooklyn Brewery will, as part of the joint venture, work together with the London Fields Brewery's team to continue developing “innovative, tasty and well balanced beers”, said Eric Ottaway, chief executive officer, Brooklyn Brewery.
“London Fields Brewery is surrounded by a thriving creative community that reminds us of home, and we're looking forward to becoming part of it."