Lin­fox gains full con­trol of BevChain

Lin­fox buys re­main­ing 50 per cent of the com­pany Lion con­trolled

Australian Transport News - - Contents -

ac­quired full own­er­ship of drinks trans­porter BevChain af­ter buy­ing the 50 per cent of the com­pany Lion con­trolled.

Lin­fox says the “strate­gic ac­qui­si­tion” will pro­vide with a di­rect in­road to the multi-bil­lion dol­lar bev­er­age in­dus­try and will en­able the busi­ness to meet the needs of a wide range of cus­tomers in the al­co­holic and non-al­co­holic bev­er­age sec­tor.

“BevChain be­gan in 2006 to pro­vide a spe­cialised ser­vice to the al­co­holic bev­er­age in­dus­try. We plan to grow the busi­ness fur­ther by ex­pand­ing into new sec­tors within the broader bev­er­age in­dus­try,” Lin­fox CEO An­nette Carey says.

“The ac­qui­si­tion is aligned to Lin­fox’s growth strat­egy and we will con­tinue to in­vest in sec­tors where we see an op­por­tu­nity for growth.”

Since 2011, BevChain has dou­bled in size, gen­er­at­ing $ 250 mil­lion in rev­enue in the last fi nan­cial year.

“Un­der sole Lin­fox own­er­ship, BevChain will main­tain its com­mit­ment to out­stand­ing cus­tomer ser­vice by lever­ag­ing Lin­fox’s scale, ex­per­tise and lo­gis­tics ca­pa­bil­i­ties,” Lin­fox says.

BevChain will con­tinue to op­er­ate as a sep­a­rate en­tity to en­able its fo­cus on the spe­cialised bev­er­age mar­ket.

In ex­it­ing the joint ven­ture, Lion will con­tinue to fo­cus on its core beer busi­ness.

Lin­fox and Lion will con­tinue their suc­cess­ful, with BevChain pro­vid­ing on­go­ing ware­hous­ing and dis­tri­bu­tion ser­vices for Lion’s Aus­tralian beer busi­ness.

BevChain ser­vices ma­jor brands in the spe­cialised liquor, beer, wine and en­ergy drink cat­e­gories, in­clud­ing many lead­ing Aus­tralian and in­ter­na­tional brands.

An­nette Carey

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