Lion New Zealand has announced its intention to sell the Lion Liquor Retail (LLR) business.
LLR, operating under the Liquor King banner, has been part of Lion NZ for over 25 years. In that time, the retail landscape has changed significantly and now more than ever, we see our advantage in our core domain of manufacturing, distributing and marketing of adult beverages, rather than in retailing.
The sales process will commence in September and we expect this to take a number of months. During the sale process, stores will continue to trade as usual, but the lk.co.nz website has closed.