Renaissance Brewing says 10 parties line up for due diligence ahead of Friday deadline

Tue, 21 Nov 2017

By Paul McBeth Nov. 22 (BusinessDesk) - Renaissance Brewing has attracted 10 parties interested enough to undertake due diligence on buying the craft beer maker with bids due at the end of the week. The Blenheim-based boutique brewer was put up for sale by voluntary administrators Iain Shephard and Jessica Kellow of Shephard Dunphy, who were appointed last month when Renaissance was caught short by cash flow difficulties while operating too many product lines. That attracted 37 expressions of interest in either investing in or buying the...

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