Two businessmen have resurrected an historic North East brewing name, creating six jobs in the process.
Cliff Walker and David Travers are due to open Castle Eden Brewery in County Durham later this month — a business that shares its name with the former brewery which closed more than 10 years ago.
The brewery’s former premises in the village of Castle Eden have since been demolished although its Castle Eden Ale brand was made by Hartlepool brewer Cameron’s, under licence from AB InBev.
Now a six-figure funding deal from NatWest and asset finance partners Lombard will help to relaunch the brand under a micro-brewery operation in Seaham.
Mr Walker purchased the Castle Eden brands and all of the intellectual property rights to the Castle Eden designs and recipes from AB InBev in 2012, and has since been working with Mr Travers.
Both men have a background in the brewery industry. Mr Walker worked as sales director with the original Castle Eden Brewery, as well as experience with Cameron’s, Scottish and Newcastle Breweries, Courage and Grand Metropolitan. Mr Travers has worked in the drinks industry since 1976 with Vaux Breweries and currently has experience in contract bottling whilst running his own drinks company.
He said: “Castle Eden Brewery has long played an important part in the commerce and heritage in the area. The products are high quality which many have enjoyed for nearly 200 years and we are delighted to be resurrecting the brewery.”
The original Castle Eden Brewery was established in 1826 where it gained a reputation for its ales which were sold throughout the UK.
The new Castle Eden Brewery will also feature a Moravek bottling line for its own brands — with potential for contract filling services to other local and national brewers.
NatWest relationship manager Ben Foster helped secure the loan with Lombard, which has been used to purchase machinery.
Mr Foster said: “I was delighted to support David and Cliff with the opening of Castle Eden Brewery. It’s exciting to see a much-loved brand revived and I wish the business every success for the future.”
James Clinghan, senior relationship manager at Lombard, provided funding support for equipment.