01 August 2024
01 August 2024
Total group sales for the full year 2024 dropped 1.4% to $20.27bn. On an organic basis, they were down 0.6%.
The refinancing package will include a circa £250m ($321m) contribution from funds managed by Stonegate’s owner TDR Capital.
The group’s board of directors have proceeded to cancel the company’s stock listing, following a suspension of shares in April.
Lehmann previously stood as CEO of Paulaner Brauerei from 2018 to 2023 but left over difference of opinions with the group’s owners.
Since the Covid-19 pandemic, Chinese consumers have been opting for healthier, low-sugar soft-drink options.
Set up in 2017, Corte Vetusto's markets include the US, UK, Italy and Thailand.
Agricultural investor Craigmore Sustainables is funding the project with more than NZ$40m ($23.58m).
The advisory firm McGrath Nicol has been appointed to oversee Billson Brewery’s voluntary administration.
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