The iconic Glassboat on the Bristol harbourside has been taken over by Bristol-based brewery Arbor Ales, with Thrings advising on the transaction.
Founded in Bristol in 2007, Arbor Ales is now one of the city’s most prominent producers of craft beer, producing around a million litres a year for both the UK and international markets.
The takeover of the permanently moored barge from Six O’clock Gin owners Bramley and Gage Ltd – who have recently been acquired by Eller’s Farm Distillery, co-owned by comedian Ricky Gervais – is the latest step in Arbor Ale’s plans for growth with exciting plans to operate a restaurant, bar and events venue.
Thrings’ Corporate team led on all legal aspects of the share purchase deal for Arbor Ales, led by Corporate Partner Simon Hore, with support from Solicitor Shana McBean and advice also provided by Ros Trotman, Partner in Thrings’ Planning and Environment team.
Jon Comer, Director of Arbor Ales said: “The Glassboat is such an iconic part of Bristol, and we’re genuinely excited to have the opportunity to take it on. We’ve known the venue for years and always felt there was huge potential there.
“For us, it’s about bringing the Glassboat back to life and creating somewhere that feels distinctly Bristol, with great food, great beer and a really welcoming atmosphere. We’ve got lots of ideas for the space and can’t wait to get started.
“We’re also really pleased to have got the deal over the line and hugely grateful to Simon and the team at Thrings for all their help throughout the process.”
Simon Hore added: “Bristol is renowned for its thriving independent microbrewery and craft beer scene and Arbor has become one of the city’s great success stories. This deal is a great example of a local business investing confidently in its home city and it has been a pleasure to support the team on this significant step.”
“We’re excited to see the plans they have for the Glassboat come to life soon and wish the whole team every success for this next exciting chapter.”
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