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In 2019, Woolworths restructured its alcoholic drinks business to form Endeavour Group. [1] In June 2021, the Endeavour Group was listed as a separate entity on the Australian Securities Exchange. [2] [3] In April 2023, Endeavour invested $3 million in esports company Fortress. [4]
The Endeavour Group was a joint venture with the Bruce Mathieson Group containing a range of liquor & hospitality assets. Woolworths Group held a 85% stake in the Endeavour Group. [39] In June 2021, the Endeavour Group was listed as a separate entity on the Australian Stock Exchange. [40]
In April 2016, Woolworths Liquor Group was renamed Endeavour Drinks Group. [57] Woolworths closed all its Thomas Dux stores in 2017; at its peak the brand had 11 stores. [58] In December 2016, Woolworths announced it would sell its Caltex Woolworths branded petrol stations to British multinational oil and gas company BP for AU$1.75 billion. [59]
If you want to know who really controls Endeavour Group Limited ( ASX:EDV ), then you'll have to look at the makeup of...
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In 2019, Woolworths restructured its alcoholic drinks business to form the Endeavour Group. In June 2021, the Endeavour Group was listed as a separate entity on the Australian Securities Exchange. [7] As well as retail brands BWS, Dan Murphy's and Langton's, it owns Australia's largest portfolio of hotels.
As of 2022, Mathieson and his family collectively own 45% of all poker machines in the state of Victoria. [6] He reportedly owns 15% of Endeavour Group, a Woolworths joint venture that owns 340 pubs as well as the Dan Murphy's and BWS liquor chains. [7] In 2022 he retired from directing that group, being replaced by his son Bruce Mathieson Jnr. [7]