This week, the team discuss Lion completing the Stone & Wood acquisition, the 2021 Indies and the global freight crisis.
Stone & Wood
The Australian Competition and Consumer Commission (ACCC) is consulting small businesses to help determine its priority areas for compliance and enforcement in 2022.
The Independent Brewers Association has denounced Australia’s beer market as one of the most restricted in the world in its submission to the ACCC regarding the sale of Stone & Wood.
The Australian Competition and Consumer Commission is asking for industry submissions on the proposed acquisition of Stone & Wood’s parent Fermentum by Lion.
Lion has announced that it has acquired the Fermentum Group, including Stone & Wood, Two Birds and Fixation.
Stone & Wood was built on a ‘conscious business model’ more than independence according to co-founder Jamie Cook.
The news this morning that Stone & Wood was being sold to Lion has left people with mixed feelings, reflected in the IBA response and an editorial from Brews News.
Stone & Wood’s use of a third-party brewery to facilitate its entry into the contemporary beer market has revived the contentious issue of transparency in labeling for beers made under contract.
Stone & Wood brand The Gatherer is being moved to the Two Birds portfolio as the Fermentum-owned Melbourne brewery makes the move to 100% cans.
Gage Road Brew Co.’s parent company Good Drinks has seen strong financial results despite the turbulent year as it looks to grow its venue strategy.