Charles Russell Speechlys advises Citra Partners on investment in award-winning brewery Woodforde’s
9 May 2016
Charles Russell Speechlys’ private equity team has advised Beer and Real Ale specialists Citra Partners on its investment, alongside an investor consortium, in the award-winning brewery, Woodforde’s.
Founded in 1981, Woodforde’s is the largest brewery in Norfolk and is most well-known for its Champion Beer of Britain “Wherry”. James Hughes and Nick Dolan of Citra Partners will join the board of Woodforde's.
Commenting on the transaction, Richard Coleman, Senior Associate at Charles Russell Speechlys said:
“It’s been an absolute pleasure working with James and Nick. Craft brewing is a burgeoning sector and we are delighted to have been able to assist Citra Partners on this, their first deal”.
James Hughes, the new CEO of Woodforde’s said:
“Charles Russell Speechlys played an instrumental role in the successful purchase of the Woodforde’s brewery. Richard, Malcolm and Sophie were extremely supportive and have been a key partner with us throughout the whole transaction process. Their understanding of the business requirements and their expertise in both legal and advisory matters, coupled with a thorough knowledge of the industry and sector dynamics, meant they were the perfect advisors for us in this deal and for the future."