Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

410.40p
   
  • Change Today:
      5.80p
  • 52 Week High: 551.50
  • 52 Week Low: 185.00
  • Currency: UK Pounds
  • Shares Issued: 150.49m
  • Volume: 336,653
  • Market Cap: £617.60m
  • RiskGrade: 146

Close Bros sells brewery rentals unit for undisclosed sum

By Frank Prenesti

Date: Tuesday 15 Jul 2025

LONDON (ShareCast) - (Sharecast News) - Close Brothers said it has reached a deal to sell Close Brewery Rentals to MML Capital for an undisclosed sum as it moves to simplify its portfolio.
Established in 2007, CBRL provides rental and maintenance services for brewery containers such as kegs and casks in the UK.

The agreed sale is expected to generate a modest gain on disposal and capital benefit. Following completion, the disposal is not expected to have a material ongoing impact on the group's adjusted operating profit, Close Brothers said.

It added that it would remain a key specialist lender in the beverage finance market and would continue to provide finance solutions for brewery and distillery equipment.

"The group sees attractive growth opportunities in this sector and will continue to support it through Close Brothers Beverage Finance, a lending business with a loan book of c.£35m at 31 January 2025," it said on Tuesday.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CBG Market Data

Currency UK Pounds
Share Price 410.40p
Change Today 5.80p
% Change 1.43 %
52 Week High 551.50
52 Week Low 185.00
Volume 336,653
Shares Issued 150.49m
Market Cap £617.60m
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.58% above the market average91.58% above the market average91.58% above the market average91.58% above the market average91.58% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Price Trend
20.46% below the market average20.46% below the market average20.46% below the market average20.46% below the market average20.46% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Income Not Available
Growth
51.61% below the market average51.61% below the market average51.61% below the market average51.61% below the market average51.61% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 7
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBG Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Oct-23 23-Mar-23
Paid 24-Nov-23 26-Apr-23
Amount 45.00p 22.50p

Trades for 18-Jul-2025

Time Volume / Share Price
16:35 82,339 @ 410.40p
16:35 300 @ 410.40p
16:35 171 @ 410.40p
16:35 155 @ 410.40p
16:35 1,254 @ 410.40p

CBG Key Personnel

Chair Michael N Biggs

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