Evans & Tate Wine Group

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Richard Woodard | 5 Apr 2006

The troubled Australian wine producer Evans & Tate has been a victim of the Australian wine glut but, writes Richard Woodard, the company has in some ways been the architect of its own misfortunes, over-extending itself financially, losing focus and getting carried away by its own PR.


Australian wine company Evans & Tate has suffered acutely as grape oversupply and weak exports have combined to hit the Australian wine industry hard. David Robertson reports on the company’s woes and assesses the particular pressure that such mid-sized wineries are under in the current crisis.


On Thursday unit holders will vote on the future of Australia's International Wine Investment Fund, deciding whether the fund will continue or be wound down. Chris Brook-Carter reviews the lead up to the vote and assesses the arguments for and against.


Chris Brook-Carter | 2 Jul 2002

Evans & Tate and Cranswick Premium Wines had a choice. Merge to go forward or scale back and remain boutique operators. They have chosen the former. Chris Brook-Carter looks at where this leaves them as the Australian wine industry continues to consolidate.

Latest News

The sale of Evans & Tate is finally expected to close next week, local reports have claimed.


Blair Speedy | 24 Oct 2007

McWilliams Wines is set to become the new owner of collapsed West Australian winemaker Evans & Tate.


The future of ailing Australian wine company Evans & Tate will be decided in December, following a creditors meeting yesterday (17 October).


Foster’s Group Limited has entered into a new lease over two Australian vineyards from the Challenger Wine Trust.


Evans & Tate, could be broken up and sold as three separate business, according to local press reports.


Evans & Tate has topped off a rollercoaster week by securing distribution of its branded wines in Australia.


One of the three companies involved in a failed bale-out of ailing Australian wine company Evans & Tate has said it is still interested in buying the firm.


Evans & Tate is looking to "spread the net wide" in the hunt for a buyer, having today (21 August) gone into voluntary receivership.


Evans & Tate has placed trading in its shares in a voluntary halt.


The son of the founder of Evans & Tate has retired from the Australian wine company.


Yarraman Winery is set to return with yet another offer for Evans & Tate, according to local reports.


Cheviot Bridge has backed out of the race for troubled Australian wine company Evans & Tate.


The troubled Australian wine company Evans & Tate (ETW) has received a merger offer from the West Australian wine producer Ferngrove Vineyards.


Blair Speedy | 18 Jun 2007

Debt-stricken winemaker Evans & Tate appears set to escape financial collapse after its bankers agreed to a financial restructure today (18 June).


Speculation has surfaced again suggesting that Yarraman Winery is considering another bid for Australian wine group Evans & Tate.


Evans & Tate has hit another bump in its attempts to restructure. The ailing Australian wine company still believes, however, that an alternative path can be found.


Evans & Tate has executed a binding heads of agreement with its bank, ANZ, to restructure the company’s balance sheet as part of its turnaround strategy.


Australian wine group Evans & Tate is to sell a controlling interest in its US distributor Scott Street Portfolio.


Evans & Tate has outlined the terms of the latest takeover bid from Yarraman Winery as the two companies embark on a period of due diligence.


Evans & Tate chairman John Hopkins said today (20 February) that the Australian wine group has yet to see the details of how Yarraman Winery would fund its bid for the company.


The Evans & Tate board of directors has opted to take more time to mull over a takeover bid from US-listed Australian wine group Yarraman Winery. Evans & Tate’s board met on Boxing Day (26 December) to look at Yarraman’s offer, which values the West Australia-based wine group at around A$131m (US$103.3m).


The Evans & Tate board of directors will meet in the next week to consider a takeover bid from US-listed Australian wine group Yarraman Winery.


Evans & Tate is targeting double digit revenue growth in its current fiscal year.


Evans & Tate is to embark on an assault on the Australian wine market with a series of brand launches. The wine group hopes its latest offerings will revive the business after a series of losses, write-downs and winery sales.


Embattled Australian wine producer Evans & Tate has suffered a second delay with an asset sale.


Evans & Tate has said it intends to fight off a fresh attempt from Australian Beverage Distributors (ABD) to wind up the company.

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