Coterie Holdings on international expansion, UK alcohol duty and fine-wine logistics
After acquiring Hallgarten and Novum Wines in December, Coterie Holdings has launched wine-lending business Jera and is eyeing expansion into Asia.
27 February 2024
27 February 2024
After acquiring Hallgarten and Novum Wines in December, Coterie Holdings has launched wine-lending business Jera and is eyeing expansion into Asia.
Last month, Diageo reported its business in north Asia, comprising South Korea and Japan, saw its H1 net sales decline 6%.
The country’s competition regulator argues the deal will be to the detriment of the retailers’ staff and customers.
Illva Saronno Holding bought a minority share in the gin brand in 2021 as part of a global distribution deal.
Speaking after the Coca-Cola bottler reported its full-year results, CEO Damian Gammell said remaining “affordable and relevant” was its “main priority”.
Keystone Brewing Group will comprise the four UK breweries owned by Breal: Black Sheep Brewery, Purity Brewing, Brick Brewery and Brew by Numbers.
The brewer said it must “call it a day” via social media and is planning to close on 29 February.
The Australian newspaper also named Pernod Ricard as a potential candidate for a deal with the Jam Shed owner.
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