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.
- Cannabis – A clear and present danger to alcohol
- Is Irish whiskey ready to recognise its potential?
- Interview - Bernstein analyst Trevor Stirling
- The European beer market - Focus
- Trump, local spirits and the IR role - The Analyst
- Diageo appoints first programmatic marketing head
- Corporate Relations Director to leave Diageo
- Bacardi names new global communications head
- Diageo strike threat postponed with fresh vote
- Diageo, Nolets unveil latest Ketel One campaign