MILWAUKEE – New Mill Capital is seeking lenders for the downtown location of Milwaukee Brewing Company.
The offer includes the location of the production brewery and tavern in downtown Milwaukee, including all of its equipment and intellectual property.
New Mill Capital, a manufacturing asset acquisition and divestiture company, will begin the offering process this month. They hope to find a strategic buyer for the entire operation to ensure that Milwaukee Brewing Company can continue producing beer for years to come.
The brewery was founded in 1997 and began as a well-known 2,000 barrel (BBL) tavern on the Milwaukee riverfront. More than a decade later, MKE’s main production facility has a state-of-the-art microbrewery near the Fiserv Forum and produces 75,000 barrels.
“We put our heart and soul into this brewery, making it part of the operation it is today,” said Jim Hughes, principal shareholder of Milwaukee Brewing Company. “We believe in the brewery and the people who have been critical to our success, but who made the decision to seek a strategic buyer to meet internal needs and secure the future of Milwaukee Brewing for decades to come.”
The company sells specialty beers, hard cider, seltzers and ready-to-drink cocktails and equipment includes two brewhouses, fermenters and clarifiers.
“This place is beautiful,” said Eric Weiler, managing director of New Mill Capital. “I believe MKE is the finest large capacity microbrewery currently available in the country and located in a great location from a distribution perspective. The layout is advantageous for expansion, and anyone looking to grow a brand, increase production, or simply produce 100,000 BBLs per year should look into this opportunity.
Additional information regarding this opportunity is available on the New Mill Capital website.
Parties interested in learning more or scheduling a tour of the Milwaukee Brewing Company can contact Eric Weiler at 312-515-0253 or ericw@newmillcapital.com.
Report a typo or error // Submit a news tip
