TWE Marlborough vineyard acquisition approved
Treasury Wine Estates has passed regulatory approval for the acquisition of a premium vineyard in Marlborough's Wairau Valley.
Source: thedrinksbusiness.com
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Treasury Wine Estates expands New Zealand vines in Marlborough
Treasury Wine Estates acquisition of a vineyard in Marlborough in New Zealand will boost supply of Sauvignon Blanc and Pinot Noir.
Source: just-drinks.com
Briefcase: Business news from around South Australia
In this week’s bumper briefcase of business news, a public transport app earns big investment, a space launch pad gets approval, SouthStart announces its dates, plus much more.
Source: indaily.com.au
Is it crunch time for Australian wine?
The fact that Australian Vintage, valued at AU$110m (£57m) on the Australian stock market, has effectively put itself up for sale underlines how tough times are for wine companies Down Under.
Source: thedrinksbusiness.com
Winery axed as drinkers shun cheap brands
The owner of South Australian labels Penfolds, Wolf Blass and Wynn's will close a regional winery with the loss of 60 jobs as a thirst for bottles under $10 dries up.
Source: indaily.com.au