London Pride maker Fuller's sells beer business to Asahi for £250m

Photo of London Pride maker Fuller's sells beer business to Asahi for £250m
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The 174-year-old company will focus on pubs and hotels after deal with Japanese firm

London Pride beer is to be brewed by Japan’s Asahi, after Fuller, Smith & Turner sold its entire brewing operation after 174 years in the business.

The company, which was established in 1845 and still counts members of the Fuller and Turner families on its board, will receive £250m for the business and plans to focus on its pubs and hotels operation.

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#food drink industry
#asia pacific
#beer
#london
#japan
#business
#uk news