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


Success Breeds Success for Charlie’s

Success Breeds Success for Charlie’s

Well known Wellington business man, Tony Kerridge has today purchased a 4.4% shareholding in Charlie’s Group Limited (“Charlie’s”) from 42 Below Limited.

Mr Kerridge recently sold his investment in the well known specialty coffee group Caffe L’affare to international food and beverages group, Cerebos Greggs Limited.

“I have followed the Charlie’s story for some time and have been very impressed with the company’s market penetration, brands and unique marketing. I am very keen to actively invest in New Zealand success stories and the Charlie’s and Phoenix brands are an excellent opportunity for me.”

Charlie’s Chief Executive, Stefan Lepionka is delighted to welcome Tony Kerridge as a Shareholder.

“Tony is a very experienced businessman and marketer with a clear understanding of the premium beverage market. He has been hugely successful in developing a highly respected New Zealand beverage business and brand and we look forward to his ongoing support and contribution.”

42 Below Chief Vodka Bloke Geoff Ross said the sale of the Charlie’s shareholding reflected his company’s focus on the premium alcoholic beverage market.

“We have a huge respect for Charlie’s, its management team and their growth opportunities and will watch their future with interest and wish them every success”.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>

All District Health Boards: Historic Pay Equity Settlement

An historic agreement has been ratified that addresses a long-standing undervaluation of a workforce that is critical to the smooth running of our hospitals and the delivery of healthcare... More>>

MPI: Dry Autumn In Waikato And South Auckland Leads To Drought Classification Drought conditions affecting the primary sector in the Waikato and South Auckland were today classified as a medium-scale adverse event, enabling a package of support for farmers and growers... More>>

Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>

DoC: Smeagol The ‘Gravel Maggot’ Leaves Its Rare Mark On The Remote West Coast
An extremely rare species of sea slug or ‘gravel maggot’ has been detected for the first time on a remote beach in South Westland... More>>

Immigration: Annual Net Migration Loss Of 7,300

The provisional net loss of 7,300 people in the year ended March 2022 was the lowest net migration for a March year since 2012, Stats NZ said today... More>>