Broo confirmed to the ASX today that it was liquidating some of its struggling subsidiaries amid a strategic review.
Brisbane’s Catchment Brewing Co. has joined the rush of breweries aiming for ambitious expansion with its hospitality strategy, buying fellow South East Queensland brewery Fortitude Brewing.
This week the team discuss Feral’s role with Coca Cola, ABAC’s biggest year, and which beers make it onto mainstream restaurant menus.
The new board at ASX-listed Broo is already making changes, telling the ASX this morning that it had terminated the deal to sell its Ballarat land, previously earmarked for a $100m brewery.
This week, the team discuss sustainability, the definition of craft and a sharp decrease in ABAC complaints.
Founder Kent Grogan has stepped down from his role at Broo effective immediately, but he will remain with the business as general manager.
Due to the floods in South East Queensland and Northern NSW, we bring an abridged version of Brews News Week.
Struggling beer brand Broo alerted the ASX of inaccuracies in its financial reports as a result of not excluding government excise charges, as its H1 results show continuing losses.
This week, the team discuss the IBA’s recent announcement regarding Good Beer Week and BrewCon, ASX news and a new report from the U.S.
Struggling ASX-listed contract brewer Broo has touted its distribution growth despite ongoing negative cash flow, and as its Ballarat land sale hangs in the balance.