Uncle Nearest receiver finds buyer for assets
A court filing says Uncle Nearest's possible future owner "is an investment firm with an African-American ownership and leadership structure".
02 June 2026
02 June 2026
A court filing says Uncle Nearest's possible future owner "is an investment firm with an African-American ownership and leadership structure".
Early work is already underway on a possible flotation of its Indian bottling partner on India’s stock exchanges.
Kirin Holdings-owned Lion said the site is running “at about a fifth of its capacity”.
Earlier this year, it emerged the Dutch brewer and its Greek subsidiary Athenian Brewery could be liable for damages exceeding €83m ($96.2m).
The new release is created by master distillers Allisa Henley and the late John Lunn.
“Although Libstar had always had an appropriate strategy, one of the key inhibitors to growth was our operating model,” Libstar CEO Charl de Villiers says.
“Demand planning and production forecasting are critical parts of our business and it is standard practice to adjust production to align with market conditions,” Slane said.
Conor McQuaid, the CEO of Pernod's North America arm, said the group was still "confident of the future and all the fundamentals that would give us that confidence going forward".
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