A popular craft beer company in Dunedin has been sold to Lion.
Emersons was founded 20 years ago and quickly expanded, winning many awards for its beers and business acumen.
In a statement, founder Richard Emerson said on Tuesday he has sold to Lion to help the company pursue growth.
The company said it will remain a standalone business unit within Lion, with no change to its management and 12 employees.
Lion said Emerson's portfolio of craft beers will enrich Lion's range.