Swiss group Hess has extended until November 4 its A$149m (US$104m) takeover of Australia’s Peter Lehmann Wines.
This was a requirement after it exceeded the 50% threshhold this week.
Hess launched a takeover in late August triggering a battle with Allied Domeq which had built up a 14.5% holding in the South Australian producer.
Allied suddenly withdrew, selling and taking the Hess holding to 60.5%.
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De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
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