AUSTRALIA: Cranswick sale attracts range of bidders
By Chris Brook-Carter | 12 April 2001
Australian wine group Cranswick Premium Wines is to sell its Haselgrove winery in an attempt to refocus on its core business. The company has short-listed about five bidders, according to Australian press reports. A spokesman for the company told just-drinks.com: "Haselgrove accounted for about 8% of the company turnover but about 20% of management time. A decision was made at the last board meeting to sell to concentrate on the core business and what the company new best."
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Australian wine group Cranswick Premium Wines is to sell its Haselgrove winery in an attempt to refocus on its core business. The company has short-listed about five bidders, according to Australian press reports. A spokesman for the company told just-drinks.com: "Haselgrove accounted for about 8% of the company turnover but about 20% of management time. A decision was made at the last board meeting to sell to concentrate on the core business and what the company new best."
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
