Serial entrepreneur and Chairman of The New Saints FC, Mike Harris, has acquired a controlling stake in Powys-based Monty’s Brewery. Through his investment vehicle, Ubuntu Holdings, Harris aims to support the brewery’s growth and increase its commercial reach across the United Kingdom.
Monty’s Brewery, known for its diverse range of ales, stouts, and gluten-free beers, plans to expand production and distribution nationwide. This acquisition marks the first brewing investment for Ubuntu Holdings, promising further sector deals in the future.
Mike Harris, a well-known entrepreneur and chair of The New Saints FC, has taken a significant step into the brewing industry by acquiring a 51% controlling interest in Monty’s Brewery through his investment vehicle, Ubuntu Holdings. Details of the investment value remain undisclosed, but this move is expected to significantly bolster the brewery’s growth trajectory.
Russ Honeyman, commercial director of Monty’s Brewery, remarked, ‘This is a fantastic opportunity for us here at Monty’s Brewery. We are looking forward to sharing our multi-award-winning beers with a wider audience.’
The acquisition of Monty’s Brewery also aligns with Harris’s recent investment in Henstone Distillery, indicating a strategic interest in the beverage sector. These investments highlight his commitment to enhancing the local economy and promoting high-quality, locally produced beverages.
This strategic move underscores Harris’s continued dedication to regional development and his vision for supporting community-centred businesses.
Tony Brook, CEO of SNO, added, ‘The club has enjoyed incredible success on and off the pitch for a number of years, and we are committed to ensuring that Park Hall has the highest quality IT services.’
Mike Harris’s acquisition of a controlling stake in Monty’s Brewery represents a significant milestone in his investment portfolio. This strategic move is expected to bolster the brewery’s growth and broaden its market reach across the UK.
Through Ubuntu Holdings, Harris continues to demonstrate his commitment to fostering local businesses, supporting community development, and driving economic growth in the region.
