Carlsberg Marston’s decision to close a historic brewery has sparked concern.
- Around 100 jobs are at risk as Banks’s brewery in Wolverhampton faces closure.
- The closure comes amid restructuring efforts following strategic business changes.
- Carlsberg Marston’s plans increased investment in other UK plants and logistics.
- The news reflects broader challenges faced by the beer industry in the UK.
In a move that has stirred concern, Carlsberg Marston’s Brewing Company has announced plans to close its historic Banks’s brewery in Wolverhampton. This decision will put approximately 100 jobs at risk and marks a significant moment in the year of the brewery’s 150th anniversary. The brewery, known as Park Brewery, has been a staple of the community since 1875, producing popular brands such as Amber Bitter, Mild Ale, and Golden Beer.
The closure is part of Carlsberg Marston’s strategy to restructure its brewery operations. This follows a £206 million deal in July where Marston’s sold its 40 percent stake in the joint venture to Carlsberg, allowing it to focus on its pub business. This strategic shift indicates a major pivot away from brewing operations towards enhancing their pub estates such as Lost & Found and the Pitcher & Piano chain.
A primary factor influencing this decision is the expiration of a long-term exclusive licence partnership with Mahou San Miguel in 2025. Additionally, the decline in cask ale volumes over several years has been a contributing factor to the closure decision, according to a statement from the company.
Despite the closure, Carlsberg Marston’s has announced plans for increased investment in its Northampton and Burton breweries, with a vision to position Marston’s Brewery in Burton as a national centre for brewing craft and traditional ales. The company intends to invest more than £6 million into new projects, including the modernisation of its cask ale line and developing contemporary craft ale capabilities.
The reaction from the Campaign for Real Ale underscores the discontent over the closure. Chair Ash Corbett-Collins described the decision as “devastating but predictable,” citing recent closures and sales across the industry as significant factors. However, he welcomed the possibility that the Wolverhampton site may continue brewing under new ownership, should offers emerge. Corbett-Collins highlighted the pressures facing the brewing industry, including high taxes and escalating costs.
The closure underscores the shifting dynamics in the brewing industry amidst economic challenges.
