Job losses from McWilliams buyout: Report
May 5th, 2021
The $42 million buyout of McWilliam’s Wines by Calabria Family Wines will see major job losses for the group, according to
The Daily Telegraph.
It is believed half of the employees from one of Australia’s oldest wine producers will go in the change of ownership.
Calabria Family Wines and property mogul Roy Medich’s Medich Family Office bought all assets and the name of the Hunter Valley and Riverina-based McWilliam’s Wines vineyards last month.
Calabria Family Wines will operate the winery and cellar door at Hanwood Vineyard just outside Griffith while developers Medich Family Office will take over the Mount Pleasant winery as well as winemaking assets at the site.