DB goes on bar buying spree

DB Breweries is taking advantage of the slumping market to add to its hospitality portfolio, buying up three popular bars, and is in talks to build a new site in Auckland’s Botany.

DB, in conjunction with its hospitality joint venture Barworks, has purchased Takapuna’s Copper Room, Christchurch’s Soho bar, and is in discussions to purchase Degree Bar in Auckland’s Viaduct.

Barworks is a partnership between DB and JAG Hospitality, which runs the operations end, and the partnership has been responsible for a variety of popular mid-to-high end pubs such as Auckland’s successful Sale Street Brewery and The Tap Room in Christchurch.

DB owns 60% stake in Barworks, and JAG Hospitality 40%, which is run by serial-bar entrepreneurs Andrew Clapham, John Hellebrekers and Gavin Cowell.

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