The sale process was expected to take a number of months. Lion New Zealand, maker of Speight’s beer and owner of Wither Hills winery, plans to sell its Liquor King alcohol retail business, the company said on Tuesday. Lion NZ country director Craig Baldie​ said the retail landscape had changed significantly in the more than 25 years the company had owned Liquor King. READ MORE:* Cyber attack at Lion NZ squeezes liquor supply lines to pubs and bottle stores* Lion acquires 100 per cent of Havana Coffee Works* Non-alcoholic drinks, craft beers boost Lion's profits“We have not made this decision lightly and appreciate this creates uncertainty for those involved.”There were 22 Liquor King stores, following the sale of three outlets that were recently on the market. The sale process was expected to take a number of months, he said.

Source: Stuff August 17, 2021 06:11 UTC