The sale, which is expeted to be completed by the end of June, includes the
company’s winery and 30 acre vineyard in South Australia’s McLaren Vale, the
Haselgrove brand and contracts for grape supply from a number of premium South
Australian regions.
AUSTRALIA: Cranswick sells Haselgrove winery
Cranswick Premium Wines Limited today announced that it is to sell its subsidiary, Haselgrove Premium Wines, to the Barrington Wine Company Limited for A$3.5m. The sale, which is expeted to be completed by the end of June, includes the company's winery and 30 acre vineyard in South Australia's McLaren Vale, the Haselgrove brand and contracts for grape supply from a number of premium South Australian regions.