Endeavour Group

Last updated
Endeavour Group Ltd
ASX:  EDV
Industry Retail
Founded2019
Founder Woolworths Group
Headquarters,
Australia
Key people
Peter Hearl (Chairman)
Steve Donohue (Managing Director)
Revenue$1.4 billion (2021)
$261 million (2021)
Number of employees
28,000 (2021)
Subsidiaries See below
Website www.endeavourgroup.com.au

Endeavour Group Ltd (EG) is an Australian alcoholic drinks retailer, hotel operator, and poker machine operator that was spun off from Woolworths Group in 2021.

Contents

History

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]

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. [5]

Subsidiaries

Subsidiaries include: [6] [7]

Cellarmasters

Cellarmasters was acquired by Woolworths from Archer Capital in 2011 for $340 million. [9] The company was founded in 1982 by David Thomas. [10]

Jimmy Brings

Jimmy Brings is a liquor delivery business founded in 2011 by Nathan Besser and David Berger. [11] [12] The business was acquired by Woolworths in December 2017. [13] The company expanded its range to include non-liquor drinks, snacks and convenience items in 2022. [14]

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. [15] Paragon acquired Yarra Valley winery Oakridge Wines in March 2021, [16] Tasmanian winery Josef Chromy Wines in May 2022, [17] McLaren Vale's Shingleback Wine in August 2022, [18] and Margaret River winery Cape Mentelle Vineyards in January 2023. [19]

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. [20] [21]

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References

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  2. Endeavour Drinks Group makes solo debut on ASX Brews News 24 June 2021
  3. Endeavour Group makes Australia stock market debut after Woolworths split Reuters 24 June 2021
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  7. Our Brands Endeavour Group
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