Brewery Fermentum has acquired Two Birds Brewing’s brewery, tap room and brands.
Fermentum has a brewery at Spotswood, Melbourne where it will manufactures the Fixation Brewing Co products.
Two Birds will join Stone & Wood Brewing Co, Fixation Brewing Co, Forest for the Trees, Granite Belt Cider Co, Sunrise Drinks and Square Keg in the Fermentum family of businesses.
“For Two Birds to continue striving towards our vision, we realised we needed to join forces with another business for an injection of broader knowledge and experience, some much needed capital and a spark of energy,” said Danielle Allen, co-founder of Two Birds.
Fermentum said it admired the founders since they launched Two Birds Brewing in 2011, for having a unique origin story and embracing diversity and inclusion.
“We admire what the team has achieved with Stone & Wood over its 12 years, and they obviously have the know how around how to build a business through sustainable growth,” Jayne Lewis, fellow Two Birds co-founder added.
Two Birds products will be sold at Square Keg in Victoria, South Australia, WA and Tasmania, by the Stone & Wood team in Queensland and NSW.
“We continue to be constrained by our production capacity at our Murwillumbah brewery as once again we did not get through the Christmas peak without having to allocate stock. While Covid-19 had an impact on our rate of growth through the first period of lockdowns we have been blown away by our resilience and the traction we have gained as we have grown out of the shutdown period,” Fermentum said.
The brewery bought a 34,000sqm land near its existing brewery in Murwillumbah four years ago and finished the design project two years ago to build a large-scale brewery that can produce an annual volume of 40 million litres, which is expandable to 80 million litres.
“Developing the larger brewery will require a major investment and we’re currently working through the funding process and are exploring all options – cash reserves, debt, capital raise or a potential IPO,” Fermentum said.
The company is investing $50 million during the initial stage of construction and it will install a new 200hl brewhouse as well as packaging lines. It will be relocating equipment from its current site to the new facility.