Lion NZ boss Rory Glass says Panhead a 'runaway train', can't keep pace with demand

Lion NZ boss Rory Glass says Panhead a 'runaway train', can't keep pace with demand
Jonathan Underhill
By Jonathan Underhill Feb. 14 (BusinessDesk) - Lion (Beer, Spirits and Wine) New Zealand, the local unit of Japanese brewer Kirin Holdings, says its newly acquired Panhead brand is a "runaway train" and the company can't keep pace with demand. The Auckland-based brewer and winemaker acquired Panhead Custom Ales from the family of founder Mike Neilson for an undisclosed sum, its second such purchase of a popular craft brewer after buying Dunedin-based Emerson's Brewing Co in 2012. Managing director Rory Glass cited sales growth for its cra...