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Carlton & United Breweries, the beermaker and AB InBev subsidiary, has announced the acquisition of Riot Wine, an Australian wine firm using exclusively in kegs and cans, for an undisclosed sum.
Riot Wine, which markets a flagship rose among other products, said its approach offers consumers a superior and more sustainable product. Launched in 2016, Riot Wine is now available across Australia in both the on- and off-trade.
Commenting on the acquisition, Rose Scott, Carlton & United Breweries sales vice president in Australia and New Zealand, said: “We are committed to being the best beverage company in Australia and expanding our portfolio to meet the evolving needs of Australian drinkers. Riot Wine Co will help us do that. Riot Wine Co is a truly innovative company and CUB shares its commitment to quality and sustainability. Its rapid expansion in just three years shows venues and retailers agree that it can deliver great things for consumers”.
Riot Wine co-founder and chief winemaker Tom O’Donnell added: “We are incredibly excited to be joining Carlton & United Breweries. Their investment, expertise and customer relationships will help us continue our rapid expansion”.
Source: AB InBev
