Good Spirits: ‘this isn’t any kind of distress sale’

Good Spirits Hospitality owns Danny Doolan's which is virtually next door to Nourish's Soul Bar & Bistro on Auckland's Viaduct. (Photo: supplied)

Dan Brunskill

Tue, 16 Nov 2021

NZX-listed pub owner Good Spirits Hospitality has agreed to buy Nourish Group’s ten venues in a deal that will more than double the size and earnings of the group.But the team behind the transaction are quick to say this wasn’t a pandemic-related fire sale despite Nourish-owned restaurant Euro closing for good last month.“This isn’t any kind of distress sale or covid reaction, this is just a really good opportunity,” Geoff Tuttle, Good Spirit’s chief executive, told BusinessDesk.The man behind Nourish Group,...

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