Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


DB Group Limited To Become Db Breweries Limited

DB Group Limited is to amalgamate with wholly owned subsidiary DB Breweries Limited effective 1 April 2002. From this date, the amalgamated company will be known as DB Breweries Limited.

The amalgamation is the final step in the restructuring process which begun in 1999 and will provide some further overhead cost savings. The change of name reflects the fact that, following the sale of Corbans Wines Limited and NZ Liquor Limited, and the closure of Allied Liquor Merchants Limited, DB Group is no longer a "group" of companies, and that the focus is totally on DB Breweries Limited, and its franchising operation of Liquorland. The name, DB Breweries Limited, is well known throughout New Zealand, and internationally. It has been associated with the brewing, marketing and distribution of quality beer since 1929, when Dominion Breweries Limited commenced production at the present site in Otahuhu, Auckland.

Says Managing Director, Brian Blake, “DB’s aspirations are firmly focused on becoming New Zealand’s most valuable brewing company. Our Brewery portfolio includes the Waitemata Brewery in Otahuhu, Tui Brewery in Mangatainoka, Mainland Brewery in Timaru and Monteith’s Brewery in Greymouth, each of which is known for its innovation and brewing excellence. The name change reflects our commitment to continue to celebrate and brew great beers, grow our brand value and invest in our people.”

As from 1 April 2002, the New Zealand Stock Exchange code for the company will change to DBB.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>