Dusanj Brothers Buy Back Cain's

I’ve been enjoying a day in the Lake District, but it looks like some people have been hard at work. Sudarghara and Ajmail Dusanj are back in charge of the Robert Cain brewery. The details are still unclear, but it looks like the brewery jobs and the jobs in the city centre pubs are safe. The administrators are looking for a buyer for the 90 former Honeycombe pubs, so this looks on the face of it like a de-merger, but Liverpool still has its brewery.

Crain’s Manchester Business reports:

The Dusanj brothers have bought Cains brewery in Liverpool from the administrator for an undisclosed sum.

Companies controlled by Sudarghara and Ajmail Dusanj, who were chief executive and chief operating officer of Cains Beer Company plc until the administrators were appointed on August 7, have also bought the leasehold of nine pubs.

David Chubb, Ian Green and Craig Livesey of PricewaterhouseCoopers LLP, joint administrators of Robert Cain & Co Limited, said the buyers are expected to continue the business as a going concern, saving the jobs of approximately 90 brewery and pub employees.

Here’s the link.

Update: More from The Publican. And here’s the Daily Post’s take on the story.

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