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- Good Drinks Australia (GDA) begins to sell the Miller Chill, Miller Genuine Draught, Coors, Molson Canadian and Magners brands
- The Molson Coors and Magners brands account for around 13 million litres per annum on the Australian market and will drive FY23 growth for Good Drinks
- Good Drinks says the partnerships are expected to deliver an additional $35 million to $40 million in revenue
- Good Drinks Managing Director John Hoedemaker is proud to be selected to sell these well known brands products in Australia
- GDA shares are down 0.71 per cent to close at 70 cents
Good Drinks Australia (GDA) has officially commenced the Australian distribution of the Miller Chill, Miller Genuine Draught, Coors, Molson Canadian and Magners brands.
The Molson Coors and Magners brands account for around 13 million litres per annum on the Australian market and will drive FY23 growth for Good Drinks.
Based on sold products over the last 12 months, the partnerships are expected to deliver an additional $35 million to $40 million in revenue and up to $4 million in earnings before interest, tax, depreciation and amortisation annually.
Good Drinks Managing Director John Hoedemaker is proud to be selected to sell these well known brands products in Australia.
“The transition from the previous distributors has been well planned and well
executed in the trade,” he said.
“We are excited to have these products complement our growing Good Drinks portfolio and look forward to them contributing meaningfully to this year’s volume, revenue and earnings, as well as creating new market opportunities for our existing brands.”
Good Drinks is one of the country’s largest independent brewers, it is home to several well known beer and drinks brands such as Gage Roads Brew Co, Matso’s Broome Brewery, Atomic Beer Project, Alby, Hello Sunshine and San Miguel.
GDA shares were down 0.71 per cent to close at 70 cents.
