Keg fleet operator Kegstar, now part of global logistics company Brambles, has bought Keg Lease Pty Ltd from the Meddings Family.
Keg Lease owns 21,000 kegs, which are leased to over 125 customers and currently operates under the Bintani brand. The specialist keg leasing company focuses on Australia’s craft beer industry and Kegstar has said it plans to incorporate Keg Lease’s activities and keg fleet into its existing operations.
Speaking about the deal, Kegstar Managing Director, Adam Trippe-Smith, said: “This acquisition provides Kegstar with immediate scale in the keg leasing market and provides our customers with a broader variety of flexible keg management options to match their needs.
“Having a comprehensive leasing option alongside Kegstar’s well-established keg pooling solutions will be attractive to a broader catchment of the domestic market.”
On behalf of the Meddings Family, Phil Meddings added: “Kegstar is a great company and the perfect home for Keg Lease. With their combined offer, I’m confident that they will go from strength to strength.”
With operations now in the UK, US and Ireland, Kegstar owns in excess of 120,000 kegs having first launched in 2012 with 880 kegs, one person and one customer.