AUSTRALIA: Cranswick sale attracts range of bidders
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."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Heineken to stay "active player" in beer M&A - CFO
- Focus - Pernod Ricard's Q1 sales by brand
- Diageo's future brighter than present suggests
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- Smirnoff Ice gets India launch
- Pernod Ricard sees sales lift in Q1