BDO has advised the shareholders on the sale of Aspall Cyder to Molson Coors Brewing Corporation.
Established in 1728 by Clement Chevallier, Aspall Cyder is one of the world’s oldest cider companies, having remained in the Chevallier family for eight generations.
BDO ran a tight process, identifying a number of strategic buyers and worked closely with the family to ensure they achieved maximum value, as well as the right partner for the business moving forward.
The acquisition by US listed Molson Coors, provides an exciting new chapter for Aspall. The resulting investment will provide a real opportunity to elevate and grow the status of English cider and the Aspall brand in the UK and abroad.
“We have been really impressed with the entire BDO team throughout this process. From accessing the key decision makers at the right buyers through to creating a process which drove value and ultimately negotiating the best deal and outcome for the shareholders. We felt fully supported throughout the entire process with a dedicated team who were impressive in their knowledge and experience of the sector and successful deal completion. We would have no hesitation in recommending BDO to anyone considering selling their business.”
Barry Chevallier Guild, Chairman and Shareholder and Henry Chevallier Guild, Director and Shareholder, Aspall Cyder