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Savor Group acquisition: Lucien Law on hospitality group's growth plans

Savor Group acquisition: Lucien Law on hospitality groups growth plans 11 Mar, 2021 04:35 AM 4 minutes to read Lucien Law, founder of Savor Group. Photo / Supplied Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw Savor managing director Lucien Law says the Auckland hospitality group has plans to grow its business beyond its current 17 venues despite the challenges posed by Covid-19. When Savor was acquired by then NZX-listed Moa ...
Mission Bay New Zealand General New Zealand Las Vegas Lucien Law Moa Brewing

NZX 50 back in favour as investors eye bargains following weakness

“We had a pretty good lead out of the US with markets over there rebounding, particularly in the growth stocks,” said Grant Davies, an investment adviser at Hamilton Hindin Greene. “Markets have been sold off quite aggressively over the last month, so there’s been a little bit of a buying in the dip.” Fisher & Paykel Healthcare, the largest stock on the market, rose 2.9 per cent to $29.12, tracking technology growth stocks higher. 123rf The sharemarket is back in favour as bond yiel...
New Zealand Paul Kelly Geoff Ross Grant Davies Hindin Greene Turners Automotive Group

Savor doubles down on hospitality after ditching Moa Brewing

Stuff Savor is buying Amano (pictured here), Ortolana and The Store, as part of its focus on growing its hospitality business. Savor Group is buying three central Auckland eateries as it doubles down on hospitality after selling its unprofitable Moa Brewing business. The NZX-listed company has agreed to buy Britomart venues Amano, Ortolana and The Store from Hipgroup for $11 million in cash and shares. Savor is focusing on bars and restaurants after deciding last month to cut its losses and s...
Geoff Ross Moa Brewing Company Savor Group Moa Brewing Lucien Law ஜியோஃப் ரோஸ்

Moa Brewing chief Stephen Smith on split from NZX-listed Savor, turning around unprofitable business

Moa Brewing chief Stephen Smith on split from NZX-listed Savor, turning around unprofitable business 5 Mar, 2021 05:00 AM 4 minutes to read Stephen Smith, chief executive of Moa Brewing Co. Photo / Supplied Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw Moa Brewing chief executive Stephen Smith was approached by the board of the then-listed entity about a management buyout in November last year. The former hospitality and brewing...
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