Metcash has added to its liquor division with the acquisition of South Independents Liquor Group (SILG), which trades under the Duncan and OzLiquor banners.
SILG operates in Victoria and Tasmania and has more than 100 Duncan’s and OzLiquor branded retail outlets and more than 400 wholesale customers.
Ian Morrice, group CEO of Metcash, said the purchase of SILG will help strengthen Metcash’s presence in Victoria and Tasmania.
“The Duncan’s stores are well placed and we believed that as part of Metcash’s ALM portfolio, sales can be increased as they become part of the group’s established marketing programs,” Morrice said.
“We will also be able to leverage SILG customers and retail outlets which will be serviced from the ALM distribution centres in Victoria and Tasmania.”
This acquisition follows Metcash’s purchase of Steve’s Liquor Group, which has five stores in Victoria and Tasmania.
Frank Kraps, chairman of SILG, said “Both SILG and ALM are focused on growing independent strength and we view the asset sale as a positive step toward building a stronger and more robust independent liquor retail sector.”
