The ACCC will look into CUB’s sale to Asahi and Pirate Life, 4 Pines and BoozeBud stay with CUB, but all else is speculation in the wake of last Friday’s sale announcement.
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.
Barrett Burston Malting, a GrainCorp company, today announced it has acquired Cryer Malt, the largest distributor of craft brewing ingredients in Australia and New Zealand.
This week on Radio Brews News, Matt Kirkegaard and James Atkinson discuss the news for the week ending 22 September 2017.
Today we saw the announcement of the sale of the first of the modern breed of small breweries that pioneered the current ‘craft’ beer movement.
SABMiller is to become the new owner of London-based modern craft brewer Meantime Brewing Company
News is just breaking that Foster’s Board recommends a $5.5325 per share proposal. Media release attached. A media briefing is occurring now. Sale subject to regulatory approval. Nothing yet known/announced about the future of Foster’s brands/assets/facilities. Beer lives in interesting times.
With Coopers riding high on the premium beer wave sweeping Australia, you would be forgiven for thinking that Tim Cooper has had an easy ride in the family business. However, it’s not been all plain sailing for the Coopers Managing Director, or for the brewery itself…