10 Dec 2012

Beverage company stake sold

12:40 pm on 10 December 2012

A consortium of Wellington investors has bought a majority stake in Shott, a beverage firm.

Owners Tami and Simon Louisson, and Richard Plimmer, have sold a 70% holding to Beverage Holdings, which includes Andrew Meehan, Brent Wootton and Paul Collins, for an undisclosed price.

The company produces high quality fruit concentrate and coffee enhancers, which are sold in cafes and food stores.