22nd Dec 2025 11:43
Powder Monkey Group Ltd - Gosport, England-based brewer and hospitality firm - Buys Maxim Brewery in County Durham for an undisclosed price. Maxim was formed following the closure of Vaux Breweries in 1999. Powder Monkey says the acquisition adds to its brewing capacity in the north east of England, having purchased Castle Eden Brewery earlier in the year. It purchased six breweries in total in 2025, and next year will see the opening of a brewery in Sydney, Australia. Powder Monkey, which recently listed on the JP Jenkins share trading platform, says it plans a new share subscription in early 2026.
Powder Monkey also hires Jon Radford as UK managing director. Radford previously was managing director of Windsor & Eton Brewery.
Current stock price: 19,500.0 pence price indication on JP Jenkins for GBP32.7 million market capitalisation
By Tom Waite, Alliance News editor
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