Cain’s in AdministrationPosted: August 7, 2008
Well, here’s the news we’ve been dreading. The uncertainty continues for Cain’s employees as the company goes into administration. The Liverpool Daily Post reports here, and the Manchester Evening News here. The administrator is upbeat about being able to make ‘going concern sales’ and I would be surprised if the various parts of the business were not snapped up. The brand itself is now one of the most recognisable in the North West, the beer is much admired and by all accounts selling well. Someone will get a bargain.
In the mean time I’m drinking a Raisin Beer toast to the Dusanj brothers and to everyone at the brewery. Their efforts at keeping the company alive in its current form may have come to nothing, but their contribution to the city of Liverpool and its revival will turn out to have been very significant I think. Someone said last week that Cain’s had opened up the city centre to him as a place to drink after years of staying away. When the dust settles and Cain’s is established again as a successful regional brewer with a national brand, I hope the Dusanj brothers and the people who worked for them get the recognition they deserve.
NB: Comments on this post are off as I’m not going to be able to keep track of them in the next few days. I recommend that anyone wanting to discuss the situation goes over to The Southport Drinker.