Japanese-owned beverage giant Lion will officially take over Little World Beverages (LWB), after the majority of shareholders voted in favour of the purchase.
Of the 502 shareholder votes, 475 supported the takeover of the Australian company, which brews brands including Little Creatures and White Rabbit beers, as well as Pipsqueak cider.
It is expected that the Japanese company will take control of LWB on 8 October.
"This has been a couple months getting to this point in terms of this scheme," Little World Beverages co-founder Howard Cearns said.
"I think there's a little bit of emotion amongst the guys affectionately remembering what the staff tend to call themselves as creatures."
"A process of their horsepower getting behind what's been created and hopefully taking it to new levels.”
Cearns says 13 years of hard work has paid off and expressed hope that Lion can take the company to new levels.
For its part, Lion has previously committed to retaining current LWB staff and breweries, and pledged to keep the beverages the same.