Lion, NZ's largest beer company, agrees to buy cult Upper Hutt brewer Panhead, no price given

Thu, 26 May 2016

By Jonathan Underhill May 27 (BusinessDesk) - Lion - Beer, Spirits and Wine (NZ), New Zealand's biggest beer maker, has agreed to buy Panhead Custom Ales from the family of founder Mike Neilson, its second such purchase of a popular craft brewer after the acquisition of Dunedin-based Emerson's Brewing Co in 2012. No price was disclosed for Upper Hutt-based Panhead, the trading name of the Neilson family's Brew Strong Ltd. As with the Emerson's purchase, Panhead's Neilson is to stay on with the business, putting his award-winning beers int...

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