Last Thursday came the shock announcement that Fermentum Group, the parent company of brands including Stone & Wood Brewing Company, had been sold to Japanese-owned brewer Lion Australia.
You are likely as shocked by this as I was. You know how committed Stone & Wood seemed to their independence back when we met the founders in this 2019 documentary.
Soon after the news broke I published an opinion piece that expressed pretty clearly how I felt about their backflip, and the unfortunate knock-on effect for the independence movement:
Stone & Wood’s multinational backflip costly for indie beer
On Friday I got hold of co-founder Ross Jurisich to try and make sense of the decision.
Theme music 'Devotion' by Silverlining. Purchase here.
Follow me on Instagram @drinksadventures_au and @byjamesatkinson.
Sign up free of charge for my newsletter here.