Advertiser (Adelaide, SA : 1931 - 1954), Monday 19 February 1945, page 2


BREWERY PURCHASE

£200,000 Involved

It has been agreed by the Swan Brewery Company Limited, Melbourne, whose brewery is in Perth, W.A., to buy five-sixths of the shares in Kalgoorlie

Brewing & Ice Co. Ltd. These shares have been purchased from the estate of the late Miss Alice Cummins the for-mer managing director of the company, and from her associates. Payment will be made in cash to Miss Cummins's estate, and otherwise in fully paid ordi-nary shares in tile Swan Company valued at the present maximum market price. Total consideration to all interests in-volved is about £200,000. The existing management staff, and labor force of the Kalgoorlie company will remain, and its policy will be un-altered. The Swan Company will be re-presented on the board. The new interests will bring to the management of the breweries of the Kalgoorlie Company in that city and in Merredin their own wide knowledge of the industry, and will strengthen it in the organisation and expansion which is expected in the future.