MOA Brewing Co Looking To Raise $15 Million

imageNews on New Zealand’s MOA Brewing Co courtesy of TVNZ:


The owners of Marlborough-based Moa Brewing Co are considering a stock exchange float to raise $15 million to expand its Jacksons Rd brewery.

Chief executive Geoff Ross was in Marlborough on Friday and said the firm needed a bigger brewery to meet growing demand, and funding to support increased working capital and marketing.

The proposed offer would take place in late October with the aim of raising $15m, it was revealed today.

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