Ledger. Australian venture funding, tracked

Company

Dan Murphy's

Coverage

Stories naming Dan Murphy's. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Seed £120k

Diageo Acquires Tipplesworth: A Strategic Pivot Toward Premium Ready-to-Drink Innovation

Spirits giant Diageo bought British premixed cocktail maker Tipplesworth for £112 million in March 2024; the article examines the deal's rationale, the brand's retail growth, and planned expansion into Canada, Australia and the US.

Funding announcement

Fermentum Grows Melbourne Footprint With Two Birds Brewing Purchase

Private-equity-backed drinks group Fermentum has bought Melbourne craft brewer Two Birds for $24.7 million, its sixth brewery; the piece also reviews the site's sustainability record and earlier sector consolidations.

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