Now with Beer Garden for our smoking patrons.
Anyone had a chance to check out the full page article on Coopers in this week's Independent Weekly? What a success story, and probably warrants a mention on your frontpage Howie!
For those of us who haven't read it, here's some highlights:
- Sales in South Australia account for 58% of the total - interstate and overseas sales at 42% and gaining. Within a couple of years will sell more beer interstate than in SA.
- Sales in WA up 56%. NSW and Victoria 33%. Coopers is a premium beer interestate, 40$+ a carton!
- 45 million litres of sales in the last financial year. New brewery at Regency Park has a cpacity for 200 million litres.
- 23% of the SA beer market
- 1% of beer market interstate, 2% of national beer market. Short term goal to capture 3% (VB makes up a quarter of all beer sales nationally)
- The United States accounts for 30% of Coopers exports, the UK 20% (Go you good thing!)
- Company "under" valued at $70 million
There's some numbers to put a smile on your dial next time you crack one open (don't forget to invert it).
Coopers
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petermaloney
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Hiccups in bid for Coopers
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By Leon Gettler, Beverages Reporter
November 17, 2005
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LION Nathan's $352 million, $260-a-share bid for Coopers Brewery might have been dealt a double blow because the Australian Competition and Consumer Commission has raised questions whether the deal might create barriers to entry by removing an independent distributor and take out a "growing and potentially significant brewer".
The ACCC said yesterday it wanted more information on the extent to which the takeover would remove a significant alternative distribution channel. It wanted to find out whether the acquisition would remove a vigorous and effective competitor.
It said market inquiries had suggested that Coopers was having an impact on the prices Lion Nathan and its competitor Carlton & United Beverages were charging for premium beers.
There were also suggestions that Coopers was having an effect on their product innovation, with the two brewing giants releasing products to attract customers away from Coopers Pale Ale.
"More generally, market inquiries suggested that Lion Nathan was seeking to acquire Coopers to neutralise a growing and potentially significant brewer," the ACCC said.
It said its inquiries suggested that access to a beer-distribution network for beer producers without their own pipeline represented a barrier to entry.
"In addition, market inquiries suggested that using either Lion Nathan or CUB to distribute product could be problematic as these companies have an incentive to limit the growth of competing products to avoid cannibalising their own sales."
The ACCC is seeking submissions on these issues before releasing its decision next month.
Coopers said it believed that Lion Nathan had made this bid to remove a competitor that had been hurting its market position.
Lion Nathan said the ACCC's response reflected a broad perspective.
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Lion Nathan - take a hint!
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By Leon Gettler, Beverages Reporter
November 17, 2005
AdvertisementAdvertisement
LION Nathan's $352 million, $260-a-share bid for Coopers Brewery might have been dealt a double blow because the Australian Competition and Consumer Commission has raised questions whether the deal might create barriers to entry by removing an independent distributor and take out a "growing and potentially significant brewer".
The ACCC said yesterday it wanted more information on the extent to which the takeover would remove a significant alternative distribution channel. It wanted to find out whether the acquisition would remove a vigorous and effective competitor.
It said market inquiries had suggested that Coopers was having an impact on the prices Lion Nathan and its competitor Carlton & United Beverages were charging for premium beers.
There were also suggestions that Coopers was having an effect on their product innovation, with the two brewing giants releasing products to attract customers away from Coopers Pale Ale.
"More generally, market inquiries suggested that Lion Nathan was seeking to acquire Coopers to neutralise a growing and potentially significant brewer," the ACCC said.
It said its inquiries suggested that access to a beer-distribution network for beer producers without their own pipeline represented a barrier to entry.
"In addition, market inquiries suggested that using either Lion Nathan or CUB to distribute product could be problematic as these companies have an incentive to limit the growth of competing products to avoid cannibalising their own sales."
The ACCC is seeking submissions on these issues before releasing its decision next month.
Coopers said it believed that Lion Nathan had made this bid to remove a competitor that had been hurting its market position.
Lion Nathan said the ACCC's response reflected a broad perspective.
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Lion Nathan - take a hint!
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