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Keystone Brewing Group, owner of Black Sheep and Purity, seeks financial rescue amid declining sales and economic uncertainty.
The Keystone Brewing Group, owner of Black Sheep and Purity breweries, is on the verge of appointing administrators after filing notices to protect itself from creditors, citing financial strain from declining sales amid economic uncertainty.
The move follows a leadership change with Steve Cox named CEO in early 2025.
The group, which had expanded through acquisitions, now seeks a rescue or restructuring, with FRP Advisory set to manage the process if administration begins.
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Keystone Brewing Group, dueño de Black Sheep y Purity, busca un rescate financiero en medio de la caída de las ventas y la incertidumbre económica.