25th June 2025
PMGL:JPJ
ISIN: GB00BPNWR625
POWDER MONKEY GROUP AGREES HEADS OF TERMS FOR ANOTHER ACQUISITION
Powder Monkey Group LLC (JP Jenkins PMGL:JPJ) has agreed a Heads of Terms for the acquisition of Akasha and Wayward Brewing’s renowned businesses in Australia. This includes selected assets and retail ventures all in Australia.
The respective brands join the Australasian brands Southern Highlands Brewing, Powder Monkey and Willie the Boatman. The deal will see the consolidation of staff, management and most importantly brewing assets into a centralised facility in Five Dock.
This has followed the recent acquisition of Goddards and Castle Eden Breweries in the UK and is a pre-cursor to the Powder Monkey Taphouse due to open in Camden NSW in October. The closure of the deal is looking to take place in the coming month.
The Group has hospitality interests in both the UK and Australia including 8 brewing operations and venues. It provides beer in mainland Europe, APAC and the UK. It continues to seek growth by means of strategic alignments plus acquisitions of assets and brands. The Shares are available on both the JP Jenkins Traded Platform or directly from the Company in the first instance.
JP Jenkins provides a share trading venue for unlisted or unquoted assets in companies, enabling shareholders and prospective investors to buy and sell equity on a matched bargain basis. JP Jenkins is a trading name of InfinitX Limited and Appointed Representative of Prosper Capital LLP (FRN453007).
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For further information, please contact:
Powder Monkey Group
Investor Relations:
Email: hello@powdermonkeygroup.com
Tel: 02392 522126
JP Jenkins Ltd
Veronika Oswald / Mason Doick
Tel: +44 (0) 207 469 0937
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