Rangatira buys 35 percent stake in Tuatara Brewing, helping fund expansion

Tue, 18 Jun 2013

June 19 (BusinessDesk) – Rangatira, the Wellington-based investment company, has acquired a 35 percent stake in Tuatara Brewing, giving the brewer funds to lift capacity at its new plant on the Kapiti Coast. No price or transaction details were disclosed and Tuatara, originally incorporated in 2000 as Vasta Brewing before being relaunched as Tuatara in 2010, doesn’t disclose its financial statements to the Companies Office. Tuatara founding shareholders Sean Murrie and Carl Vasta have sold down their stakes as part of the deal, according t...

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