Lion Nathan is looking at alternative remedies for its ailing Chinese operation.Chief executive officer Gordon Cairns revealed this week that he was considering proposals for an "expansion" of the company's A$282m China division.But sources close to the Sydney-based company have translated Cairn's confident announcement: rather than a positive step to boost its role in China, Lion Nathan is looking for local Chinese brewers to bail out its unprofitable division.
Just-drinks analysis: Lion Nathan seeks Chinese brewer to buy its unprofitable business, analysts say
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 17 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
Olly's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- Drinks brands that are getting social media right
- What can the spirits industry learn from Remy?
- Carlsberg Q2 & H1 2017 results - Preview
- Strong H1 for Carlsberg fails to temper H2 fear
- Treasury Wine Estates FY 2017 results - Preview
News
- Diageo's Special Release Scotch whiskies 2017
- AB InBev backs "spent grain" soft drinks venture
- BrewDog falls short of US$50m crowdfunding goal
- Carlsberg posts H1 jump despite Russian slide
- Treasury Wine Estates looking for US purchases
Market research
- Global Beer Manufacturing - Industry Market Research Report
- Global Tequila and mezcal insights - market forecasts, product innovation and consumer trends
- Craft Beer Market in Europe 2017-2021
- Beer in Germany
- Top Trends in Alcoholic Drinks 2017: Exploring the latest trends in beer, cider, spirits and wine categories
