The ACCC will not oppose Asahi’s acquisition of CUB after Asahi undertook to divest two of its beer brands and three of its cider brands.
acquisitions
Founders First snaps up distillery
Joining its lineup of craft beer, spirits and kombucha brands, Founders First has spent $1.5 million to buy Kangaroo Island Distillery.
Sydney’s All Hands sold for $20m
Sydney’s All Hands Brewing House has been sold in a $20 million deal marking a trend of major hospitality groups looking to invest in craft brewing.
Founders First pursues venue model
After making a $1.5 million investment in Potters Brewery in the Hunter Valley, Mark Haysman tells Brews News how the hospitality and venue network that Founders First is building will help its craft brands’ long term strategies.
Balter announces sale to CUB
The Gold Coast’s Balter Brewing Co has confirmed it has been acquired by Carlton and United Breweries after weeks of rumours.
Green Beacon sale rumours finally true
After more than two years of ‘red hot’ rumours, Brisbane’s Green Beacon has announced it has been purchased by Asahi just weeks after the Japanese drinks giant acquired CUB.
Bintani announces partial sale to US supplier Rahr
Bintani Australia has announced a partial sale to US counterpart Rahr Corporation.
AB InBev buys online retailer BoozeBud
The appetite for acquisition continues with ABInBev’s innovation division ZX Ventures announcing it has purchased online retailer BoozeBud.