Breaking News: Lion acquires Little Creatures
This morning I found out via Australian Brews News that Lion (owned by Kirin) has submitted a proposal to the Little Creatures board to buy out any remaining shares and fully own the company. While some may see this as a sad day because Little Creatures is undoubtedly the most iconic and pioneering craft brewer in Australia, I see this as an opportunity for Little Creatures to go from strength the strength under the management of Lion.
Lion have subsequently owned 37% for quite some time, and have not really influenced the creativity or quality of the beer coming out of the Fremantle headquarters. This acquisition will most likely give Little Creatures a wider distribution network, capital to expand and increase production, as well as the opportunity to export into overseas markets.
This announcement comes only days out from the release of their latest Single Batch, and we really hope that Little Creatures continues pushing the boundaries as they have done so for the past 12 years.