Investor ups stake in craft beer equipment firm

Manx Financial Group has taken a 90% stake in Ledbury-based BSL, which provides equipment finance and rental products to the craft and micro-brewing sector, in a deal worth £300,000.

Manx acquired 20% of BSL’s issued share capital in 2018, and further enlarged its shareholding to 75% in March 2020. The group retains an option to acquire the remaining shares by February 2025.

For the year ended 31 December 2020, BSL reported a turnover of £600,000, with net assets standing at £200,000.