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Warren Randall backs Founders First

Updated: Jul 18, 2019

"The company has just ruled off an $11 million equity raising which included funds from Warren Randall, who is the largest private vineyard landholder in the country, and a bunch of well-known sportsmen.

It is expected to put the fresh funds to work in a host of new investments in coming months, before turning its attention to finding a home on the ASX-boards."

"A big part of its pitch to potential investors is likely to be growth in the craft beer sector, which is about three-times faster than total category sales, and indicative of wider trends in the alcohol industry.

Should it hit the ASX-boards as planned, it would be the first alcohol accelerator of its type on the local bourse." Read the full story here.


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