Coopers puts up ‘not for sale’ sign

Original article by Eli Greenblat
The Australian – Page: 17 : 8-Oct-14

The 143 stakeholders in family-owned Coopers Brewery recently voted to amend its constitution. It means that the valuations issued for the shares, which can only be traded among family members, will not be influenced by takeover offers from outside parties such as major rivals Lion or Carlton & United Breweries. Lion had launched an ultimately unsuccessful bid for the South Australian beer group in 2005 that was worth $A420m. The price per share at the time if disregarding the bid was $A190 compared with the $A310 offered, or $A260 based on the original approach

CORPORATES
COOPERS BREWERY LIMITED, CARLTON UNITED BREWERS, FOSTER’S GROUP LIMITED, SABMILLER PLC, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED, KPMG AUSTRALIA PTY LTD

Nothing bitter about craft beer’s rising popularity

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Jul-14

A Roy Morgan Single Source survey has found that 5.7 per cent of Australians aged +18 consumed local craft beer in an average four-week period in the year to March 2014. This compares with 3.5 per cent in the year to March 2010. The number of Australians who consume local mainstream beer in an average four weeks has fallen from 36.7 per cent to 31.9 per cent over the same period. Roy Morgan Research’s Angela Smith says the Helix Personas consumer profiling tool shows that members of the Metrotech community in particular are heavily represented among craft beer drinkers

CORPORATES
ROY MORGAN RESEARCH LIMITED