The deal includes a minimum cash element of A$1.6m ($896,800), with shares in AWH accounting for the balance of the purchase price. The deal will not be finalised until AWH has completed valuations and due diligence. AWH expects the purchase to be concluded on or before 1 September 2002 and anticipates Chestnut Grove will contribute to earnings in the 2003 fiscal year. Chestnut Grove achieved sales of 10,000 cases in 2001 under its Chestnut Grove and Peppermint Creek brands.

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