AUS: Australian Beverage Holdings to sell Noble Beverages - report
The company is estimated to be worth AUS11m
Australian Beverage Holdings has put its bottled water unit Noble Beverages up for sale, according to a media report.
Private equity firm Hawkesbridge Capital is handling the sale, The Australian reported today. Australian Beverage Holdings bought Noble Beverages in December 2004, according to Noble's website.
The company, which owns the Pureau water brand, has an estimated AUD12m (US$11m) price tag, the report said.
This week, Israeli-owned office water-cooler supplier Eden Springs was sold to private-equity firm Rhône Capital.
- A tobacco analogy soft drinks will want to embrace
- just The Preview - SABMiller's Q1
- Pernod's Portman Group penalty - a coincidence?
- Cleaning China's seedier side brings Remy balance
- PepsiCo to consider more re-franchising - CEO
- Diageo's Captain Morgan Facebook ad banned
- Diageo faces public consultation over W&M sale
- William Grant silent on Drambuie bid talk
- Bacardi to fight US football team legal action
- Remy posts Q1 sales drop as Edrington loss bites