
The Carlyle Group, the private equity giant behind Accolade Wines, is prepared to offload its Tasmanian sparkling wine brand House of Arras in a bid to cope with mounting losses from its Australian wine business.
The brand joins a number of other assets owned by Accolade presently up for sale.
The Carlyle Group, the private equity giant behind Accolade Wines, is prepared to offload its Tasmanian sparkling wine brand House of Arras in a bid to cope with mounting losses from its Australian wine business.