A controlling interest in the Australian export facilitator Austwine Exports has been sold by its founders Gerry Hargrave and Bryn Haugaard to former executive Jim Moularadellis.


Austwine Exports was formed to sell small and medium producers into export markets.


In fiscal 2002/03 it sold 11m litres for brands including Geoff Merrill, Tatachilla and Browns of Padthaway.


The price of the transfer was undisclosed.

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