Milwaukee, WI

Sale of Milwaukee Brewing Company receives ‘huge wave’ of interest

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Milwaukee Brewing Co. Picture from Google.

Only a few weeks following Milwaukee Brewing Firm’s board of administrators saying plans to promote the corporate and its property, the agency tasked with the sale says there was substantial curiosity from potential consumers.

New Mill Capital, a producing asset acquisition and disposition agency, helps Milwaukee Brewing Firm search consumers for his or her downtown Milwaukee brewery, Third Ward ale home location, gear and mental property. The downtown brewery is positioned at 1128 N. 9th St. in The Brewery District and the MKE Ale Home is at 233 N. Water St.

“There was enormous preliminary wave of curiosity and a gentle stream thereafter for each the big manufacturing facility in addition to the Ale Home and IP. Over the past six weeks, we now have been in a position to type by potential consumers, present excursions and likewise further due diligence materials,” stated Eric Weiler, managing principal at New Mill Capital. “With the quantity of certified events at present , we really feel it’s now time to maneuver ahead with the submission of presents that are due by Could 25th.”

Firm management declined to touch upon what number of presents they’ve obtained for Milwaukee Brewing Firm, or when a sale may shut.

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In keeping with a press launch from New Mill Capital, the agency is contemplating presents for the 9th Road brewery, IP and MKE Ale Home location each individually and as a bulk package deal.

Gear property embrace a 60 BBL absolutely automated four-vessel brewhouse; 200 BBL sizzling liquor tank; chilly liquor tank; fermenters and brite tanks to 260 BBL; KHS canning, bottling and keg filling traces; and extra. MKE Ale Home additionally presents a smaller 15 BBL brewhouse and related gear.

Ashley covers startups, know-how and manufacturing for BizTimes. She was beforehand the managing editor of the Information Graphic and Washington County Every day Information. In previous reporting roles, protecting training at The Waukesha Freeman, she obtained a number of WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching impartial movies, tackling a brand new recipe within the kitchen and studying an excellent guide.



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