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FD,,,,dont forget Mansfield brewery,i worked there 30 years and when marstons (W&D) took over and closed it,they tried brewing mansfield bitter at burton,and yes there was a difference
Having closed Wychwood Brewery, Jenning and Ringwood. All Marstons Breweries, does it make sense?
Wychwood brewed one of the best beers in Hogoblin which may have transferred to Northampton or Burton. Many say the brew does not taste the same, maybe it is the water, which historically has influenced the taste and flavour of local brews.
I would suggest buying up Adnams. A family run and owned business that producers good beer and wine. Like the Marston offering I also like the Adnam's Ghost Ship low alcohol beer. Infact me I would rather they had Adnams than Green King. ATB.
Marston did not have any interest before in the Carlsberg Brewery but they do now hold 40% as part part of the JV.
On their Website we can now see they are operating out of the Old Marston Brewery at Burton On Trent, What they call the old Bank's brewery at Wolverhampton, and the Carlsberg Brewery at Northampton. To me this makes the JV worthwhile, as the trend has been towards younger people drinking Lager. So we have a traditional Lager Brewer and a British Beer maker together in a JV. I am happy with this.
It may be simple as was my question. Do you beleive Carlsberg have included their established Brands in the JV agreement?.
I have the agreement ( a lengthy document) and will peruse over the weekend, given time.
Sc
''So they may only own 40% of the JV but the combined JV is now far larger than when had 100% of their own beers.''
?
The value of the Marstons brewing business was nearly 3 times more than that of Carlsberg brewing UK at the creation of Carlsberg Marston’s Brewing Company (CMBC),but Marston only ended up with a 40% stake because in addition Carlsberg paid Marstons about an additional £270 million in cash.
Yes if one looks on the link provided the JV now has over 7 pages of beers. Some of the names even surprised me, but most are available in the Supermarkets, as well as the pubs & off licenses, which explains why the contribution is growing fast into profits even for the 40% share Marston own. So they may only own 40% of the JV but the combined JV is now far larger than when had 100% of their own beers. So in the end it's looking like it is paying off! GLA
FD20
Marstons own 40 per cent of CMBC - simple
So Tuborg, Carlsberg Special and Carlsberg's range of Lagers are all shared profits wise with Marstons?
Was green king bought in 2019 by a rich Hong kong family "CKA group",i wonder if,and what plans they had for the brewery before they purchased,
The Marston Carlsberg have a Joint Venture Web site and they clearly state what their beers are. In fact they are an ever expanding variety and Carlsberg own are included on the web site worth a look. Maybe soon to be joined by Green King but perhaps but they do not need them :-
www.carlsbergmarstons.co.uk/our-beers/
A question which as far s I know never been answered. In the JV do Marstons share in the revenues generated by Carlsberg's Brands brewed in the same brewery, or do we just have to retail Carlsberg's Brands without any share of brewing profits for their brands?
I suspect Marstons get nothing except the margin made on selling Carlsberg through it Pubs, but could be wrong.
Agreed suspect the Carlsberg Marston brewery as opposed to the Marston Pub side (that everyone is suspecting) will be the ones interested if any.
Good beer like Marston too.
Economy of scale will further benefit and expand the Carlsberg Brewery Partnership which is proving very successful! GLA. If not there is less competition for Marston -another positive thought. GLA.
...and the tranche of sites Whitbread is selling. Almost 5% of staff, mainly at Premier Inns and associated restruants, being terminated. Overall WHTB are closing more than 200 restruants, selling uneconomic motels and enlarging others in areas of high demand.
Whitbread are survivors and always seem ahead of the game.
Https://www.google.com/gasearch?q=greene%20king%20sell%20bury%20st%20edmunds&tbm=&source=sh/x/gs/m2/5
If only Ralph was at the helm, he would be swooping in the buy this up
Took a whole but Hotter weather here at last. Enjoy one of the new Fresh Beers!
Its good to seen that the brewery are moving towards new fresh beers that their surveys have no doubt found more attractive to the audience they now serve. If Camra were so concerned then they should have visited the pub more often. Use it or lose it!
Fortunately Marston pubs have been finding greater margins on their foods of late, and the brewery is taking care of beers where the retain 40% of the Joint venture partnership with Carlsberg that is expanding. Hopefully very soon we will see what the brewery sales will be which take into account home sales which may have increased with less sun outside, perhaps enough to see why JP bought 347,886 share for £99,495.40 for those who can see the significance of the timing being just within his window of opportunity under LSE rules.
Good weather used to be the brewery/publicans friend,but even in july 2022 when we had record 40 degree heatwave,marstons still failed to attract and sell beer to thirsty customers,
What the Board Bard fails to say, dividends can only be payed at the behest of Debt Funders. Which is like a snowballs chance in Hell.
Gulf can only predict a couple of sunny days in June.
I would love to see a dividend but there is zero chance of that while they have that huge debt mountain to climb.
The best we can hope for in the results are for signs of increased footfall, a profit increase, and some debt reduction.
Oh, and a nice long range weather forecast for summer would also be welcome!
Not long to go to Marstons results, perhaps they are learning too how to re-invest their sales proceeds. Perhaps start paying a small divi to shareholders so that we can share in the growth and to encourage fund managers who are looking for income and pension fund investments.
That is a very offensive remark. I suggest you remove immediately.
My family never managed Post Offices.
SC do try harder. Be a tad more respectful to those whose knowledge is superior. You could learn a lot
Are you saying that Horizon was correct and people were taking cash out of the system and hiding it in their Cupboards?
If so I would be very careful with who you hand your new found "old" cash to as you might end up on the telly being questioned?
ATB.
Pedro are these the same PO's who used Horizon?
Fairdealer20. If you google it there are 20 post offices that the bank of England has designated to accept the pound notes.