Endeavour Group

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.

For the fuel spin-off of Woolworths with a similar name, see EG Australia.
Endeavour Group
ASX: EDV
IndustryRetail
Founded2019
FounderWoolworths Group
Headquarters
Sydney
,
Australia
Key people
Peter Hearl (Chairman)
Steve Donohue (Managing Director)
Revenue$1.4 billion (2021)
$261 million (2021)
Number of employees
28,000 (2021)
SubsidiariesSee below
Websitewww.endeavourgroup.com.au

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 ran 220 gaming machines across 62 venues in the state without installing the mandatory harm reduction technology YourPlay.[5]

Subsidiaries

Subsidiaries include:[6][7]

  • Shorty's Liquor

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.[9] Paragon acquired Yarra Valley winery Oakridge Wines in March 2021,[10] Tasmanian winery Josef Chromy Wines in May 2022,[11] McLaren Vale's Shingleback Wine in August 2022,[12] and Margaret River winery Cape Mentelle Vineyards in January 2023.[13]

References
  1. Windfall for shareholders in Endeavour Drinks demerger Brews News 10 May 2021
  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
  4. Yun, Jessica (2023-04-04). "Dan Murphy's owner pours $3m into esports mega-venue". The Sydney Morning Herald. Retrieved 2023-09-25.
  5. Crowe, Alex (2023-08-26). "Pub giant fined $550,000 for 'wilful' breaches of Victoria's pokies laws". The Age. Retrieved 2023-09-25.
  6. Endeavour Group lists on ASX Endeavour Drinks 24 June 2021
  7. Our Brands Endeavour Group
  8. "ALH Group". ALH Group. Retrieved 30 March 2023.
  9. Young, Andy (2019-09-13). "Endeavour Drinks buys Chapel Hill and sets up Paragon Wine Estates". National Liquor News. Retrieved 2023-01-13.
  10. Young, Andy (2021-03-15). "Endeavour Group acquires Oakridge Wines". National Liquor News. Retrieved 2023-01-13.
  11. Haupt, Pippa (2022-05-03). "Endeavour Group acquires Josef Chromy". Food & Drink Business. Retrieved 2023-01-13.
  12. Berry, Kim (2022-08-10). "Endeavour expands premium wine portfolio". Food & Drink Business. Retrieved 2023-01-13.
  13. Mercer, Chris (2023-01-12). "Cape Mentelle winery to be acquired by Endeavour Group". Decanter. Retrieved 2023-01-13.
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