Brewer completes latest funding round

A Reigate-headquartered brewer has raised a six-figure sum to breathe new life into the brand and expand its facilities in Surrey.

Hofmeister was launched in 1976 by Courage and relaunched in 2017, steered by Richard Longhurst and Spencer Chambers.

The business has raised £720,000, £200,000 of which was provided by the FSE Group-managed Enterprise M3 Growth Fund.

Longhurst said: "The past few years have been utterly phenomenal at Hofmeister and we are thrilled that The FSE Group has joined us on our journey.

"With this funding round we will be opening up new facilities in Surrey and also expanding our talented team, so that the 2020’s carry on the momentum we have already built into the company."

Avent Bezuidenhoudt, senior fund manager at The FSE Group, added: "We are delighted to add Hofmeister to our investment portfolio.

"The company’s high level of success in such a short space of time is incredibly encouraging and can be credited to the team’s expertise and love for their product."

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