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Good Drinks Australia adds Stomping Ground to beer brands
Good Drinks Australia (ASX: GDA), the drinks company behind beer brands including Gage Roads, Atomic and Matso’s, is adding Melbourne-based brewery Stomping Ground to its portfolio. Under a binding term sheet, Good Drinks will acquire 100% of the company for $7 million cash, 4.5 million Good Drinks ordinary shares and a trailing five-year performance component. […]
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Craft beer market offers plenty of upside to discerning operators
Investors thirsting for an ASX beer exposure have been left largely unsated since Fosters/Carlton United Breweries and Lion Nathan were subsumed by foreign buyers a few years back. Coca Cola Amatil (ASX: CCL) has long held beer and spirits ambitions that have never quite come to fruition, but in any event the bottler looks headed […]
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