Brambles' keg company Kegstar has acquired Keg Lease from the Meddings Family.
Through the acquisition, Kegstar plans to incorporate Keg Lease's activities and existing keg fleet into its current operations to provide customers with the flexibility of both keg rental (pooling) and keg leasing services.
The specialist keg leasing company, which began operations in December 2012 as part of Meddings’ portfolio of businesses that operate under the Bintani brand, is focused largely on the Australian craft beer industry.
Keg Lease owns over 21,000 kegs that are currently leased to over 125 customers.
Kegstar MD Adam Trippe-Smith said the acquisition would provide Kegstar with immediate scale in the keg leasing market and provide customers with a broader variety of flexible keg management options to match their needs.
"Having a comprehensive leasing option alongside Kegstar’s well-established keg pooling solutions will be attractive to a broader catchment of the domestic market,” he said.
On behalf of the Meddings Family, Phil Meddings said Kegstar was "the perfect home for Keg Lease".
Kegstar first launched in 2012 with 880 kegs, one person, and one customer.
Global supply chain logistics company Brambles acquired a 30 per cent stake in Kegstar in March 2014 and took complete ownership on 1 December 2015.
In Australia and New Zealand, Kegstar now owns more than 120,000 kegs that it rents to more than 200 customers each year.
Kegstar also has operations in the UK, Ireland, and the US.
