London craft brewer Beavertown sells up fully to Heineken

Dutch multinational buys 51% of company it did not own after taking minority stake in 2018

Beavertown has become the latest craft brewer to be swallowed up by a global drinks corporation, after Heineken bought the 51% of the company it did not already own, in a deal likely to net its founder tens of millions of pounds.

The Dutch multinational bought a minority stake in Beavertown in 2018, with the 40m proceeds used to fund expansion, including the construction of a new brewery in Enfield, London.