AUSTRALIA: Croser comments betray mixed-feelings over Lion Nathan deal
The conflict in the decision to sell premium wine group Petaluma to brewer Lion Nathan surfaced briefly at Petaluma's last annual meeting. Founder and chairman of Petaluma Brian Croser described the sale as a "sad but deliberative and dignified process resolved in the interest of all shareholders." He added that Petaluma's board and staff "share my sadness that a life's work can only be sold once."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- No Home Comfort for TWE as Bids Collapse
- Treasury Wine Estates: Here I Go Again On My Own
- Bacardi Seeks Own History at Bombay Sapphire Home
- Private-equity bids "over" - TWE head
- Will low-alcohol wines wither on the vine?
- Carlsberg suspends production at Russian brewery
- Anheuser-Busch InBev appoints new AmBev CEO
- Treasury Wine Estates pulls plug on takeover talks
- Diageo's Johnnie Walker hit by Travel Retail slump
- Suntory Holdings to split beer, spirits division