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Moa beer exports gain momentum

Last updated 12:19 28/02/2013

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Craft beer brewer Moa says its export business is gathering momentum, with shipments set to arrive in China and Canada shortly.

The recently-listed firm said it had appointed Vancouver's Aqua Vita Imports as its Canadian distributor, with a container of beer already headed to British Columbia.

In addition, Moa has dispatched its fourth shipment to China, with 1000 cases destined for the port of Nansha in the southern city of Guangzhou.

The firm also said it is working on building its presence in the United States, particularly in Texas, although no sales or shipping volumes were disclosed.

The US is the world's biggest craft beer market, both by consumption and production.

Moa shares were unchanged at $1.26 today, 3c lower than when they listed in November.

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