News wire article from our research archive:

Inner Circle rum to lead Lion's foray into spirits.

Byline: Neil Shoebridge

Mar 07, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian alcoholic beverages group, Lion Nathan, has paid $A10 million to buy the Inner Circle rum brand and distillery from Stuart Gilbert. Inner Circle dark rum was originally made by sugar group CSR for the "inner circle" of its top executives. The dark rum market in Australia is dominated by Bundaberg rum, owned by Diageo Australia. Lion Nathan intends to patiently grow the Inner Circle brand across ...

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