Brewing giant Lion is set to take full control of Fremantle-based boutique brewer, Little World Beverages.
The company is the owner of the Little Creatures brand which is famous for its brewery and restaurant in Fremantle.
Lion already has a 36 per cent share in the company and has offered $5.30 for every share it does not already own.
Little World Beverages says the offer presents a low risk opportunity for its product to be established nationally and internationally.
The company's Howard Cearns says he is confident Lion will maintain the unique nature of the brand.
"What we compete in is quite a small market, we're a small brewer but it's a growing part of the market and it's a sustainable area of the market," he said.
"Consumers are taking a far greater interest in this style of beer, so it's not about being unable to compete, it's being able to compete at a faster pace."