Mighty Craft Limited announced that it has signed a binding Term Sheet with DB Breweries Limited (DB Breweries) and Better Beer Company (Better Beer) to distribute Better Beer in New Zealand. It is expected to launch in October 2022, in time for the peak trading period over summer. DB Breweries is an iconic producer and one of the larger brewers in New Zealand with extensive distribution throughout New Zealand, as well as being a wholly owned subsidiary of HEINEKEN, one of the larger brewing companies in the world.

Phase one of the agreed terms will involve the product being manufactured in Australia and sold into New Zealand, whilst phase two will involve local manufacturing in New Zealand, expected to be during the first quarter of 2023. Phase one will run from the commencement date of the distribution and manufacturing agreement until 31 March 2023, and phase two will run from 1 April 2023 until 31 March 2024.