So, after circling the reputational drain for a while, they've gone.
I guess no one is really that surprised: pretty much as soon as they sold a stake in their business to a venture capital (or whatever they are now) company it was pretty clear what the founders wanted from the brewery. It wasn't about staying "independent".
I have two very good memories of their flagship beer:
Punk IPA on cask at least once (maybe more, can't remember) at the Bristol and District Beer Festival where its punch, style and strength really opened my eyes to a different sort of beer.
Being able to buy 8 cans of Punk in a supermarket in Poole when we were staying on Brownsea Island where there's no pub (or shop) and where the last boat of the day leaves around 5pm leaving you with your own company, and that of the red squirrels. Having decent beer, lighter to carry than bottles, and sitting drinking it outside our cottage looking out at the sea, watching terns and turnstones was the very definition of contentment.
When the first bar opened in Bristol I was keen to try it. It was underwhelming - not bad, just not really worth returning to.
As time went on the marketing came across as more and more smug and it was grating. I completely lost interest in them but I really didn't expect the revelations of their corporate MO.
For the last several years I've noticed the effort that breweries and beer places in Bristol and Sussex appear to go to to feel welcoming and inclusive - they might be lying, but it feels genuine. As a woman who loves beer, I assume I'll be welcomed and treated with respect by those running the place- and I haven't been disappointed for many years.
Is that effort specifically aimed as a "we're not them" backlash? I dunno.
Turns out they were all mouth and trousers after all and, to be honest the new owners don't appear to be any better, based on the way the closure of sites and redundancies seems to have been handled.
The individual investors and the staff have been royally screwed.
There is an extent to which the "don't gamble/invest with money you can't afford to lose" is applied to everyone who puts money into things - but it is easy to be pulled along by the excitement and I can understand why you'd do it.
Ultimately, though, it's low-paid bar staff and lower-level jobholders at the brewery who I reserve my sympathies for. It's a tough world out there - hopefully in some places there will be other hospitality opportunities, it appears many staff were well trained and most should benefit any other bar.
Running a company is a serious business and needs to be taken seriously by all those in charge - and that must extend to their staff to whom they had a duty of care. It turns out they didn't deserve all the accolades they got for their beer because of their total disregard for their responsibilities...it can't start and end with the product.
The new owners will undoubtedly asset-strip what they've bought, cut the range, brew cheaper but continue to sell through pub companies and supermarkets - who knows, maybe some cross-pollination of the organisations other business interests will mean that Mary Jane might have a new flavouring. Many people will still buy it not knowing the backstory or not caring.
It doesn't feel like the end of an era to me - just the inevitable whimper of an organisation who lost the plot.