Foster’s takeover makes Coopers biggest Aussie brewer

The SABMiller takeover of Foster’s will make Coopers Australia’s largest remaining Australian-owned brewer.

Coopers will enter its 150th year of manufacturing Australian beer next year and managing director Tim Cooper said the company is proud to still be Australian.

“Being the largest Australian-owned brewer is a badge of honour we will wear with pride,” he said.

“This represents the reward for 150 years of hard work in brewing by the Cooper family.

“Coopers currently has 4 per cent of the Australian beer market, but we see the fact that we remain Australian-owned will provide us with strong marketing opportunities in the future.”

He said Coopers will resist any foreign ownership and maintain its independence for the Australian public who want locally-made products.

“We will continue to maintain a long-term view on our performance and position in the market,” he said.

“This determination was underlined in 2005 when Coopers withstood a takeover bid by Lion Nathan.”

Leave a Reply

Your email address will not be published. Required fields are marked *