Hogan Lovells Advises SABMiller on Acquisition of Meantime Brewing Company
15 May 2015
London 15 May – Hogan Lovells has advised long-standing client SABMiller on its acquisition of London-based modern craft brewer Meantime Brewing Company. The transaction is expected to complete in early June 2015.
Meantime was established in 1999 in Greenwich, London and since then has created a successful range of British and international beer styles, including London Pale Ale and London Lager. Sales by volume grew by 58% in 2014 compared to 1% growth in the UK beer market as a whole.
The Hogan Lovells team advising SABMiller was led by London corporate finance partner Andrew Pearson, assisted by Of Counsel Karla Dudek, associate Phoebe Kirk and trainee solicitor Alex Cox. The Hogan Lovells team worked closely with SABMiller's in-house M&A legal team led by Stephen Jones, Deputy General Counsel-M&A, supported by Corporate Counsel Wendy Ko.
Commenting on the transaction, Andrew said:
"We are delighted to have advised SABMiller on this transaction which gives it an entry point into the fastest growing segment of the UK beer market, and personally I look forward to adding Meantime's lagers and ales to our in-house drinks menu."