E-Malt. E-Malt.com News article: UK: Greene King will close Hardys & Hansons Kimberley brewery putting 80 jobs at risk

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E-Malt.com News article: UK: Greene King will close Hardys & Hansons Kimberley brewery putting 80 jobs at risk
Brewery news

Greene King PLC, the East Anglian-based brewer and pubs group, will close the Hardy & Hansons brewery at Kimberley, Nottingham, putting around 80 jobs at risk, Life Style Extra learned October 03 from AFX.

The group, which acquired Hardys & Hansons for ₤270 million earlier this year, said that following a review of the business it made 'no economic sense' to continue brewing at the site. Production is scheduled to stop by the end of this year.

“The review has given us a very detailed understanding of the company and has underlined the quality of the business we've acquired. But we've concluded with regret that it doesn't make economic sense to continue brewing at Kimberley and sadly this means that the brewery will close at the end of the year,” said Greene King's chief executive Rooney Anand.

Production will be switched to Greene King's Bury St Edmunds site. The head office functions will also be moved there by the end of December.

“Greene King invests more in cask beer than any other brewer but, to remain viable, returns have to be delivered on this investment. The best way to ensure that Hardys & Hansons' brands continue to flourish in a challenging ale market is to transfer brewing to Bury St Edmunds,” Rooney said.

Greene King will, however, retain the Kimberley's cellar service and distribution business.

“Whilst it will be sad to close the brewery, we are pleased that the value of our activities in distribution, cellar services and sales, as well as throughout our extensive pub operations, has been recognised,” said Jonathan Webster, managing director of Hardys & Hansons.


04 October, 2006

   
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