Inside Treasury Wine Estates' $1.6b punt on Daou Vineyards in California
Georges Daou left tech and founded Daou Vineyards with his brother Daniel. Now Australia’s largest winemaker wants to take their products to the world.
Source: afr.com
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Georges Daou left tech and founded Daou Vineyards with his brother Daniel. Now Australia’s largest winemaker wants to take their products to the world.
The $7 billion wine sector in Australia is undergoing a serious shake-up, with the owners of brands such as Jacob’s Creek, McGuigan and Tempus Two doing strategic reviews, as sales of other operators such as Bethany Wines step up.
Kiland hopes to find a new purpose for its forestry plantation, burnt in a devastating bushfire that began in late 2019.