Lion intends to sell its UK assets, Magic Rock and Fourpure, after two difficult years, but stresses that “no decisions have been made” yet.
Magic Rock
Brews News Week #352 – Correct
This week, the team discuss the debate surrounding buy-now-pay-later options, ABAC’s review for 2022 and the GABS Hottest 100 Countdown.
Struggle over focus at Lion owners Kirin
Lion’s owners Kirin have doubled down on their pharma and food focus, despite earnings and profit declines in their Australia-based business.
Will Magic Rock leverage Kirin portfolio into UK?
Last week’s purchase of UK brewery Magic Rock not only refocused interest on the country’s potential takeover targets, but it also highlighted Kirin’s growing international web of breweries.
Lion acquires UK’s Magic Rock Brewing
Leading Australian and New Zealand brewer Lion has acquired 100 per cent of leading UK craft brewer Magic Rock Brewing Company.