Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
SME Law

Brewery giant advised on acquisition of craft beer business

Carlton & United Breweries has been advised on its acquisition of Gold Coast craft beer business Balter Brewing Co.

December 13, 2019 By Jerome Doraisamy
Carlton & United Breweries
expand image

Firm: Johnson Winter & Slattery (Carlton & United Breweries).

Deal: CUB has acquired the company which owns the Balter craft beer business and operates a brewery in Currumbin, Gold Coast.

Area: Corporate.

Value: Undisclosed.

Key players: The JWS team was led by partner Sophia Bobeff, who was supported by associates Will Mason, Claudia Scardigno and Rebecca Proudman. Partner Stewart Grieve advised on the tax elements of this transaction along with special counsels Julian Wan and Kathryn Bertram.

Deal significance: Ms Bobeff said the firm was proud to support CUB on another strategic transaction.

“Craft beers are continuing to grow in popularity in Australia. CUB has developed a ‘recipe for success’ by nurturing local craft beers and supporting their expansion through capital investment and access to an extensive distribution network that CUB can offer,” she said.

“We are proud to again support CUB on another significant transaction.”

Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
lawyersweekly jobs image
lawyersweekly jobs
Discover the latest legal jobs
Find Australian legal jobs, employment & career opportunities
Momentum Media Logo
Most Innovative Company