The Brewers Group has expanded its operations with the acquisition of 38 Paintwell stores and industrial paint distributor Promain. The deal, completed on 4 February 2025, sees Brewers take over the trade and assets of both businesses from administrators Kroll.
Under the agreement, Paintwell stores will continue to operate under their existing brand name, as will Promain from its Hitchin site. Brewers is now working closely with the administrators to ensure a smooth transition, maintaining continuity for customers and suppliers alike.
The acquisition follows Paintwell’s recent administration, with the deal being executed at speed. While the stores and websites remain operational under their current branding, Brewers will assess how these businesses fit within its wider network in the coming months.
Brewers has clarified that it has not acquired Paintwell’s business as a whole, meaning any supplier agreements or outstanding matters before 4 February remain with Paintwell in administration.