Wellington old boys team takes majority stake in boutique syrup-maker, Shott Beverages

Wellington old boys team takes majority stake in boutique syrup-maker, Shott Beverages
By Pattrick Smellie Dec 9 (BusinessDesk) - A consortium of Wellington business brahmans, including former top executives at Brierley Investments, has taken a majority share in fast-growing syrups maker Shott Beverages, with the intention of expanding its production and export sales. The investing group, Beverage Holdings Ltd, is led by former Brierley executive Andrew Meehan and comprises the same team as bought the pet food brand, Masterpet, in 2002 and onsold it a year ago to the EBOS group for $105 million, including Masterpet debt. Among...