AUSTRALIA: Foster's set to restructure Australian brewing division
By just-drinks.com editorial team | 8 July 2002
Beer and wine company, Foster's Group, is set to undertake a major restructuring of its Australian brewing division, Carlton & United Breweries, in a bid to deliver consistent earnings growth of more than 5% a year. According to plans set out by CEO, Ted Kunkel, CUB will merge elements of the spirits and beers sales functions at its previously separate Continental Spirits division and CUB beer arm.
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Beer and wine company, Foster's Group, is set to undertake a major restructuring of its Australian brewing division, Carlton & United Breweries, in a bid to deliver consistent earnings growth of more than 5% a year. According to plans set out by CEO, Ted Kunkel, CUB will merge elements of the spirits and beers sales functions at its previously separate Continental Spirits division and CUB beer arm.
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