Endeavour Group
{{Short description|Australian liquor retail company}}
{{for|the fuel spin-off of Woolworths with a similar name|EG Australia}}
{{confuse|Endeavor Group Holdings, Inc.}}
{{Infobox company
| name = Endeavour Group Ltd
| traded_as = {{ASX|EDV}}
| logo = Endeavour Group logo.png
| former_name =
| foundation = {{sda|2019}}
| founder = Woolworths Group
| defunct =
| location_city = Sydney
| location_country = Australia
| key_people = Avi Mervis (executive chairman)
| industry = Retail
| products =
| revenue = $1.4 billion
| revenue_year = 2021
| operating_income =
| operating_income_year =
| net_income = $261 million
| net_income_year = 2021
| num_employees = 28,000
| num_employees_year = 2021
| divisions =
| subsid = See below
| homepage = {{url|https://endeavourgroup.com.au/}}
| footnotes =
}}
Endeavour Group Ltd (EG) is an Australian alcoholic drinks retailer, hotel operator, and poker machine operator that was spun off from Woolworths Group in 2019.
History
In 2019, Woolworths restructured its alcoholic drinks business to form Endeavour Group.[https://www.brewsnews.com.au/2021/05/10/windfall-for-shareholders-in-endeavour-drinks-demerger/ Windfall for shareholders in Endeavour Drinks demerger] Brews News 10 May 2021 In June 2021, the Endeavour Group was listed as a separate entity on the Australian Securities Exchange.[https://web.archive.org/web/20210624053651/https://www.brewsnews.com.au/2021/06/24/endeavour-drinks-group-makes-solo-debut-on-asx/ Endeavour Drinks Group makes solo debut on ASX] Brews News 24 June 2021[https://www.reuters.com/article/us-endeavour-group-listing-idUKKCN2E00BZ Endeavour Group makes Australia stock market debut after Woolworths split] Reuters 24 June 2021
In April 2023, Endeavour invested $3 million in esports company Fortress.{{Cite web |last=Yun |first=Jessica |date=2023-04-04 |title=Dan Murphy's owner pours $3m into esports mega-venue |url=https://www.smh.com.au/business/companies/dan-murphy-s-owner-pours-3m-into-esports-mega-venue-20230403-p5cxro.html |url-access=limited |access-date=2023-09-25 |website=The Sydney Morning Herald |language=en}}
In August 2023, the Victorian Gambling and Casino Control Commission fined Australian Leisure and Hospitality Group $550,000 after finding the company had run 220 gaming machines across 62 venues in the state without installing the mandatory harm reduction technology YourPlay.{{Cite web |last=Crowe |first=Alex |date=2023-08-26 |title=Pub giant fined $550,000 for 'wilful' breaches of Victoria's pokies laws |url=https://www.theage.com.au/national/victoria/pub-giant-fined-550-000-for-wilful-breaches-of-victoria-s-pokies-laws-20230826-p5dzm5.html |url-access=limited |access-date=2023-09-25 |website=The Age |language=en}}
Following the resignation of Steve Donohue as Chief Executive Office in September 2024, it was announced in April 2025 that former Virgin Australia CEO Jayne Hrdlicka had been appointed as Endeavour Groups new CEO, to commence on 1 January 2026.{{Cite web |date=29 April 2025 |title=Former Virgin boss Jayne Hrdlicka to return to public eye as Endeavour Group CEO |url=https://www.theaustralian.com.au/business/aviation/former-virgin-boss-jayne-hrdlicka-to-return-to-public-eye-as-endeavour-group-ceo/news-story/d3c2af331dae635c01a5fff48b7b5ef0 |access-date=29 April 2025 |website=The Australian}}
Subsidiaries
Subsidiaries include:[https://web.archive.org/web/20210624054709/https://endeavourgroup.com.au/endeavour-group-lists-on-asx/ Endeavour Group lists on ASX] Endeavour Drinks 24 June 2021[https://www.endeavourgroup.com.au/our-brands Our Brands] Endeavour Group
- Australian Leisure and Hospitality Group{{Cite web|url=https://www.alhgroup.com.au/|title=ALH Group|website=ALH Group|accessdate=30 March 2023}}
- Australian National Hotel, Brisbane
- Breakfast Creek Hotel, Brisbane
- Hotel Cecil, Gold Coast
- Royal Exchange Hotel, Brisbane
- Sail and Anchor Hotel, Fremantle
- Surfers Paradise Beer Garden, Gold Coast
- Victory Hotel, Brisbane
- Young & Jackson, Melbourne
- BWS
- Cellarmasters
- Dan Murphy's
- Jimmy Brings
- Langton's
- Paragon Wine Estates
- Pinnacle Drinks
- Shorty's Liquor
= Cellarmasters =
Cellarmasters was acquired by Woolworths from Archer Capital in 2011 for $340 million.{{Cite news |last=Janda |first=Michael |date=2011-02-24 |title=Woolies buys Cellarmasters, posts profit rise |url=https://www.abc.net.au/news/2011-02-25/woolies-buys-cellarmasters-posts-profit-rise/1957240 |access-date=2024-09-04 |work=ABC News |language=en-AU}} The company was founded in 1982 by David Thomas.{{Cite web |last=Greenblat |first=Eli |date=2011-02-25 |title=A history of sellers and buyers, and wine lovers |url=https://www.smh.com.au/business/a-history-of-sellers-and-buyers-and-wine-lovers-20110225-1b8gn.html |url-access=limited |access-date=2024-09-04 |website=The Sydney Morning Herald |language=en}}
= Jimmy Brings =
Jimmy Brings is a liquor delivery business founded in 2011 by Nathan Besser and David Berger.{{Cite news |last=Mochan |first=Kit |date=2019-09-19 |title='Not great news': Health experts warn of harm over the convenience of alcohol delivery apps |url=https://www.abc.net.au/news/2019-09-19/alcohol-delivery-services-in-spotlight-in-wa/11524628 |access-date=2024-09-01 |work=ABC News |language=en-AU}}{{Cite web |last=Jones |first=Kate |date=2016-12-08 |title=Move over, the big bottles are coming to town |url=https://www.smh.com.au/business/small-business/move-over-the-big-bottles-are-coming-to-town-20161208-gt6kif.html |url-access=limited |access-date=2024-09-01 |website=The Sydney Morning Herald |language=en}} The business was acquired by Woolworths in December 2017.{{Cite web |last=Hatch |first=Patrick |date=2018-02-24 |title=Why Woolies boss thinks Uber Eats is a bigger threat than Amazon |url=https://www.smh.com.au/business/companies/why-woolies-boss-thinks-uber-eats-is-a-bigger-threat-than-amazon-20180223-p4z1gp.html |url-access=limited |access-date=2024-09-01 |website=The Sydney Morning Herald |language=en}} The company expanded its range to include non-liquor drinks, snacks and convenience items in 2022.{{Cite web |last=Doherty |first=Ioni |date=2022-12-15 |title=Jimmy Brings is now the all-round entertainer. Service expands beyond liquor- will now also bring cheese & crackers. |url=https://www.drinkstrade.com.au/jimmy-brings-is-now-the-all-round-entertainer |access-date=2024-09-01 |website=Drinks Trade |language=en-US}} In November 2024, Jimmy Brings entered a partnership with the Woolworths Group's Milkrun delivery service which saw the Jimmy Brings range added to Milkrun. Jimmy Brings was fully integrated into Milkrun on 28 November 2024 meaning purchases were only be available through Milkrun.{{Cite web |last=Young |first=Andy |date=2024-11-08 |title=Endeavour partners with Milkrun |url=https://theshout.com.au/endeavour-partners-with-milkrun/ |access-date=2024-11-14 |website=The Shout |language=en-US}}{{Cite web |last=Tassell |first=Dominique |date=2024-11-11 |title=Two popular online delivery services announce huge move |url=https://7news.com.au/news/online-bottle-shop-jimmy-brings-and-delivery-service-milkrun-announce-merger-c-16710907 |access-date=2024-11-14 |website=7NEWS |language=en}}
= Paragon Wine Estates =
Paragon Wine Estates, Endeavour's premium wine portfolio, was established in September 2019 to house existing Endeavour brands Krondorf, Isabel Estate, Riddoch and the newly-acquired Chapel Hill.{{Cite web |last=Young |first=Andy |date=2019-09-13 |title=Endeavour Drinks buys Chapel Hill and sets up Paragon Wine Estates |url=https://theshout.com.au/national-liquor-news/endeavour-drinks-buys-chapel-hill-and-sets-up-paragon-wine-estates/ |access-date=2023-01-13 |website=National Liquor News |language=en-US}} Paragon acquired Yarra Valley winery Oakridge Wines in March 2021,{{Cite web |last=Young |first=Andy |date=2021-03-15 |title=Endeavour Group acquires Oakridge Wines |url=https://theshout.com.au/national-liquor-news/endeavour-group-acquires-oakridge-wines/ |access-date=2023-01-13 |website=National Liquor News |language=en-US}} Tasmanian winery Josef Chromy Wines in May 2022,{{Cite web |last=Haupt |first=Pippa |date=2022-05-03 |title=Endeavour Group acquires Josef Chromy |url=https://www.foodanddrinkbusiness.com.au/news/endeavour-group-acquires-josef-chromy |access-date=2023-01-13 |website=Food & Drink Business |language=en}} McLaren Vale's Shingleback Wine in August 2022,{{Cite web |last=Berry |first=Kim |date=2022-08-10 |title=Endeavour expands premium wine portfolio |url=https://www.foodanddrinkbusiness.com.au/news/endeavour-expands-premium-wine-portfolio |access-date=2023-01-13 |website=Food & Drink Business |language=en}} and Margaret River winery Cape Mentelle Vineyards in January 2023.{{Cite web |last=Mercer |first=Chris |date=2023-01-12 |title=Cape Mentelle winery to be acquired by Endeavour Group |url=https://www.decanter.com/wine-news/cape-mentelle-winery-to-be-acquired-by-endeavour-group-495723/ |access-date=2023-01-13 |website=Decanter |language=en}}
= Shorty's Liquor =
Shorty's Liquor was founded in 2001 by David Short. It is a liquor delivery business focused on business and corporate customers. Woolworths purchased a majority stake in the company in 2020.{{Cite web |last=Powell |first=Dominic |date=2020-01-13 |title=Woolworths polishes Endeavour offering with liquor delivery stake |url=https://www.smh.com.au/business/companies/woolworths-polishes-endeavour-offering-with-liquor-delivery-stake-20200113-p53r1d.html |url-access=limited |access-date=2024-09-01 |website=The Sydney Morning Herald |language=en}}{{Cite web |last=Prodanovic |first=Doris |date=2020-01-14 |title=Woolworths acquires Shorty's Liquor |url=https://www.foodanddrinkbusiness.com.au/news/woolworths-acquires-shorty-s-liquor |access-date=2024-09-01 |website=Food & Drink Business |language=en}}
References
{{Reflist}}
External links
- {{Official website}}
- {{Commons category-inline}}
{{Woolworths}}
{{S&P/ASX 200}}
Category:Alcohol distribution retailers in Australia
Category:Companies based in Sydney
Category:Companies listed on the Australian Securities Exchange
Category:Companies in the S&P ASX 50
Category:Drink companies of Australia
Category:Retail companies established in 2019
Category:Woolworths Group (Australia)