UK: HwCg goes to the wall, PLB steps in

By | 19 August 2009

UK-based wine agency HwCg has gone into administration, with family-owned rival PLB stepping in to acquire its assets.

The directors of HwCg confirmed today (19 August) that they have placed the company in administration, following "financial issues" arising from the firm's associated companies in Australia. The two firms have been "in discussion for some time" about how to integrate their portfolios and activities, HwCg said.

PLB has subsequently agreed to buy the assets of HwCg from the administrator for an undisclosed price, with the firm looking to "maintain continuity of supply for all customers and suppliers". PLB said it also plans to take on personnel from HwCg.

HwCg was founded in 1999 by the merger of Hedley Wright and Castle Growers. The firm, which has been based in Bishop's Stortford, worked with around 30 partner growers and winemakers around the world, including Evans & Tate in Australia and Kautz Family Vineyards in the US.

Sectors: Wine

Companies: Castle

View next/previous articles

Currently reading -

UK: HwCg goes to the wall, PLB steps in

There are currently no comments on this article

Be the first to comment on this article

Related articles

Product Launch - US: Knappogue Castle's 1994 Master Distiller’s Private Selection

Knappogue Castle's 1994 Master Distiller's Private Selection

US: Castle Brands cuts H1 losses

Castle Brands has hailed "significant progress" in its goal of turning a profit after cutting losses in the first six months of its fiscal year.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page