Through strategic planning, the family transformed their winemaking roots into a celebrated brewery in Tatamagouche, N.S.
In 2018, Christiane Jost and her husband Matt Kenny took over ownership of Tatamagouche Brewing Company from Jost’s parents.Christiane Jost understood the importance of succession planning when she and her husband, Matt Kenny, took over ownership of the Nova Scotia-based Tatamagouche Brewing Company in 2018.
“By 1983, we were growing more grapes and making more wine,” Hans Christian says. “We got our licence in November 1983 and started out as a mom and pop shop.” “We were both in university at the time, and I didn’t feel ready to take on such a large business,” Christiane says. “It was definitely a difficult decision for my parents to sell the winery.”Kelly Adams, who runs Barrington Wealth Partners – a practice based in Lower Sackville, N.S., that helps family businesses with their succession plans – understands the challenges of succession planning well.
“It was a really exciting time for local producers in the alcohol industry,” Kenny says. “Consumers were becoming more educated on what was available and the different flavours that could be created.”“Tatamagouche is an incredible little village,” Kenny says. “We are surrounded by beaches, world class golf courses, ski and mountain bike hills … but it has never lost the charm of a small village.”
This is the approach Tatamagouche Brewing Company took when the transition of ownership happened between Christiane and Kenny and Christiane’s parents.
Adveditorial Business Small Business Family Business Family Brewery Tatamagouche Brewing Company Tatamagouche Brewery Tatamagouche Nova Scotia Nova Scotia Brewery Nova Scotia Family Business Barrington Wealth Partners Succession Planning Family Business Succession Plan Family Succession Plan
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