The Swiss company, Hess Group AG, has been granted approval by the Australian Foreign Investment Review Board (FIRB) for its A$3.50-a-share cash takeover bid for Barossa Valley wine producer, Peter Lehmann Wines Ltd. (PLW).

A bidder’s statement regarding the Hess offer is expected to be sent to PLW shareholders on or around 19 September.

However, with a counter offer from Allied Domecq a distinct possibility, the PLW board has advised shareholders to take no action in relation to the Hess bid.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
ROBOT Kombucha by Net Zero Foods has won the Innovation Award in the Probiotic Beverages category in the 2025 Just Drinks Excellence Awards. Discover how this AI-developed, 100% organic, low-sugar probiotic cola is reshaping gut-health drinks while championing bee-friendly, sustainable sourcing.

Discover the Impact