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  1. #61
    Join Date
    Jan 2011
    Location
    Far West Wimmera
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    64
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    Quote Originally Posted by Ueee View Post
    Way way OT now, but Dean do you know Richard Gibson? Calls himself Scorpex these days. as in ex-southcorp......

    Ew
    The name does not ring any bells. Where does/did he work? Vineyard I am guessing.

    Dean

  2. #62
    Join Date
    Jan 2004
    Location
    Bellingen
    Posts
    551

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    So let me get this right....Milwaukee is bringing out beer now! I'd drink one!

  3. #63
    Join Date
    Aug 2007
    Location
    Melbourne
    Age
    69
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    1,417

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    Quote Originally Posted by Oldneweng View Post
    SouthCorp was bought out by Fosters, which split the wine and beer divisions and created a new wine company, TWE.......
    Dean
    Last act: CUB-Fosters was bought by SAB-Miller (Soth Africa Breweries). Now everytime you have a Victoria Bitter, you feed SAB shareholders....

  4. #64
    Join Date
    Jan 2011
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    Far West Wimmera
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    Quote Originally Posted by cba_melbourne View Post
    Last act: CUB-Fosters was bought by SAB-Miller (Soth Africa Breweries). Now everytime you have a Victoria Bitter, you feed SAB shareholders....
    That is true, but as a non drinker of beer I don't take a lot of notice now that wine/beer divisions have been split. I had actually forgotten.

    I am more interested in the constant rumors of which company is eyeing off Treasury Wines for ingestion. We have been thru it before. Rosemount took over SouthCorp some years ago as well. Ohh! hangon. It was the other way around. It just seemed like that at the time. Buy a massively in debt company for an astronomical figure and give the previous owners almost total control of the whole shebang. It was this takeover that put SouthCorp in a position to allow its takeover by Fosters Group.

    We still make very saleable wine and we have little trouble selling it. That is the result of many factors, but we are in a very good position.

    Dean

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