Endeavour Group facts for kids
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| Traded as | ASX: EDV |
|---|---|
| Industry | Retail |
| Founded | 2019 |
| Founder | Woolworths Group |
| Headquarters |
,
Australia
|
|
Key people
|
Peter Hearl (Chairman) Steve Donohue (Managing Director) |
| Revenue | $1.4 billion (2021) |
| $261 million (2021) | |
|
Number of employees
|
28,000 (2021) |
| Subsidiaries | See below |
Endeavour Group Ltd (often called EG) is a big Australian company. It sells alcoholic drinks and also runs many hotels. The company was created in 2021. It used to be part of the Woolworths Group.
History of Endeavour Group
In 2019, Woolworths decided to change how it managed its alcoholic drinks business. They created Endeavour Group as a new company. In June 2021, Endeavour Group became a separate business. It was listed on the Australian Securities Exchange. This means its shares can be bought and sold by the public.
In April 2023, Endeavour Group invested $3 million. They put this money into a company called Fortress, which focuses on esports. Esports are competitive video game playing events.
In August 2023, one of Endeavour's companies, Australian Leisure and Hospitality Group, faced a penalty. They were fined $550,000 for not following all rules. This was about how they managed entertainment machines in 62 of their venues.
Companies Endeavour Owns
Endeavour Group owns many other companies. These are called subsidiaries. A subsidiary is a company that is controlled by another, larger company. Here are some of them:
- Australian Leisure and Hospitality Group: This group runs many hotels.
- Australian National Hotel, Brisbane
- Breakfast Creek Hotel, Brisbane
- Hotel Cecil, Gold Coast
- Royal Exchange Hotel, Brisbane
- Sail and Anchor Hotel, Fremantle
- Surfers Paradise Beer Garden, Gold Coast
- Victory Hotel, Brisbane
- Young & Jackson, Melbourne
- BWS: These are stores that sell drinks.
- Cellarmasters: This company sells drinks, often through mail order.
- Dan Murphy's: These are large stores that sell drinks.
- Jimmy Brings: This service delivers drinks to people's homes.
- Langton's: This company sells fine and rare wines.
- Paragon Wine Estates: This part of Endeavour focuses on high-quality wines.
- Pinnacle Drinks: This company creates and supplies various drinks.
- Shorty's Liquor: Another company that sells drinks.
Paragon Wine Estates: Fine Wines
Paragon Wine Estates is Endeavour's special collection of premium wines. "Premium" means they are high quality. This part of the company started in September 2019. It brought together existing brands like Krondorf, Isabel Estate, and Riddoch. They also added a new brand called Chapel Hill.
Paragon Wine Estates has also bought several famous wineries:
- In March 2021, they bought Oakridge Wines. This winery is in the Yarra Valley.
- In May 2022, they acquired Josef Chromy Wines. This winery is in Tasmania.
- In August 2022, they bought Shingleback Wine. This winery is from McLaren Vale.
- In January 2023, they added Cape Mentelle Vineyards. This winery is in the Margaret River area.
