AUS: Little Creatures signals expansion plans
Australian niche brewer Little Creatures has signalled its expansion plans by buying a site for its new brewery.
Little Creatures' owner, Little World Beverages, said yesterday (6 March) that it planned to spend A$550,000 (US$404,892) on five hectares of land in Jarrahdale, south east of Perth. The location will house what the company dubbed as a A$22.6m "eco-friendly" brewery.
Rising sales of its pale ale and pilsner beers have stretched capacity at the brewer's founding brewery in Fremantle. The company said the Jarrahdale site would be up and running within four years.
Little World Beverages CEO Jason Marinko said the company was to adopt a green approach to brewing.
"The (local) council shares a number of values that Little Creatures aspires to include in its new brewing facility and the site will enable us to implement a number of the environmental initiatives that we plan," he said.
Little Creatures saw half-year volumes for the six months to 31 December leap 32%. The figures came a month after Little World Beverages listed on the Australian Stock Exchange, a move which raised A$21.5m to fund the company's expansion.
Sectors: Beer & cider
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Has the politics of M&A changed? - Analysis
- IAADFS Duty Free Show of the Americas - Preview
- What the future looks like for Australian wine
- Coca-Cola Co announces senior executive shake-up
- Heineken sees Tesco pull SKUs in UK
- Baijius brand value overtakes whisk(e)y - figures
- Heineken releases colour-change bottles
- Diageo's Captain Morgan LocoNut - NPD
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global liqueurs insights - market forecasts, product innovation and consumer trends research