Treasury Wine Estates to acquire Frank Family Vineyards

Treasury Wine Estates, one of the world’s largest wine companies, has announced an agreement to acquire Frank Family Vineyards including the historic winery, brand and vineyard holdings.

Symington family bottles six vintage ports for 2019

The Symingtons have bottled six Quinta Vintage Ports from 2019 and will release two en primeur – Quinta do Vesúvio and Dow’s Quinta da Senhora da Ribeira.

Foster’s to demerge Treasury Wine Estates

Foster’s Group has announced a proposal to demerge Treasury Wine Estates at a cost of AU$151m.

Groupe Charlois acquires Winemakers Cooperage

French wine barrel manufacturer, Groupe Charlois, has expanded into the US with the purchase of Winemakers Cooperage (WC) from Treasury Wine Estates.

Coldstream Hills spends $5m on cellar

Treasury Wine Estates brand Coldstream Hills has completed a $5m upgrade of its winemaking facilities

Foster's rejects wine offer

The Foster’s Group (Foster’s) board of directors has rejected an offer for its Treasury Wine Estates. Foster’s received an “unsolicited expression of interest” from an international private equity firm to acquire the wine assets of Treasury Wine Estates. The proposal involved a cash consideration of between $2.3billion and $2.7billion for 100% of the assets.