20 August 2025
20 August 2025
Dan Hamilton, the managing director of Diageo's Australia business, said the move "was not made lightly".
"This recalibration is history repeating itself – and it is setting the stage for the next wave of growth," Brian Rosen, general partner at InvestBev, said.
Set up two years ago, the Nottinghamshire-based distiller said it wants to build “a global, premium, rum brand”.
The 9% abv Sliced Chardonnay launched in the US last year.
Applied Nutrition’s board is confident the UK sports-nutrition group’s “core strengths” will “continue to drive sustained revenue growth and strong profitability over the long-term”.
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.
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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