Allied Blenders and Distillers walks away from Good Barrel Distillery deal
The company “will continue to explore both organic and inorganic growth opportunities”.
19 August 2025
19 August 2025
The company “will continue to explore both organic and inorganic growth opportunities”.
The country decided to exit the UK-wide DRS in November last year as it looked to create a scheme that enabled all drinks containers to be reused, including glass.
Reliance's consumer arm said the joint venture will look to offer consumers a selection of "herbal-natural beverages", bolstering its “presence as a total beverage company”.
Around 40 jobs will be created at the brewery in Gotha in central Germany.
The German plant-based business is moving to a holding structure – and with a new name.
Radico Khaitan will hold a 47.5% equity stake in the new entity.
The news follows shareholder approval last week for a convertible note issue tied to a planned A$10m ($6.5m) capital raise.
Fawn Weaver again took to social media to provide a statement after a Tennessee judge ordered a receiver be appointed for the US distiller.
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