AUSTRALIA: Receiver confident wine buyer will be found

By Sarah Diston | 29 August 2001

Collapsed wine company Norman Wines has had interest from more than 70 potential buyers. According to local press reports the deadline for offers has also been extended for one week, until September 5. Bruce Carter of Ferrier Hodgson, Normans joint receiver and manager said that he remains optimistic that a sale of the business and associated assets can be achieved and hopes to be making an announcement around mid-September.

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Collapsed wine company Norman Wines has had interest from more than 70 potential buyers. According to local press reports the deadline for offers has also been extended for one week, until September 5. Bruce Carter of Ferrier Hodgson, Normans joint receiver and manager said that he remains optimistic that a sale of the business and associated assets can be achieved and hopes to be making an announcement around mid-September.

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