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McWilliam’s Wines to be split in $40m-plus deal The 143-year-old wine company will have a new lease on life under two new owners, but it will come at a cost. Business by Jared Lynch Premium Content Subscriber only McWilliam s Wines will avoid being liquidated after its administrators secured a deal, worth more than $40m, to split the 143-year-old company in two and ensure its $13 flagons of sherry keep flowing. But the deal has come at a cost, with more than 60 staff, or two-thirds of McWilliam s total workforce, expected to be retrenched. Under the proposal, Calabria Family Wines will acquire McWilliam s Hanwood winery and continue its brand, while Sydney investment group, Medich Family Office will take over the Mount Pleasant winery and assets. It is understood that up to one-third of McWilliam s existing employees will be offered jobs.

New south walesWestern australiaNew zealandMount pleasantSouth australiaGayle dickersonAndrew calabriaPaul hoganMcwilliam hanwoodMedich family officeCalabria family winesMcwilliams winesபுதியது தெற்கு வேல்ஸ்மேற்கு ஆஸ்திரேலியாபுதியது ஜீலாந்துஏற்ற ப்லெஸெஂட்