Davin Nugent steps down

davin nugent1

Davin Nugent, Managing Director of Cider of Sweden, owners of Kopparberg, has stepped down as Managing Director of the company. He will, however retain his shareholding in the company and will also remain on the board. Davin told DRAM, “I’ve decided to make the move purely for personal reasons. My family is based in Dublin and for the last 10 years I have been doing a tremendous amount of travelling which is fine when you are single, but I now have a young family time is flying by.” He continued, “I am taking up a new role at Mark Anthony Brands, a Canadian-based company, and am setting up a Dublin office and Research and Development Centre. It’s a bit scary but I am looking forward to the challenge.” Mark Anthony Brands is an $800 turnover company that owns Mike’s Hard Lemonade a 21 million case brand.

Peter Bronsman, Cider of Sweden’s main shareholder, will take over as interim-Managing Director. The Swede, who founded Kopparberg, has a 51% stake in Cider of Sweden while Davin has a 49% share.

 

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