As part of the deal, the company has secured a long-term grape supply deal, mostly of Chardonnay, via a 15-year lease of Balranald’s Sunraysia vineyard.
AUSTRALIA: McGuigan completes Balranald acquisition
The newly merged wine company, McGuigan Simeon Wines, has completed its A$28.3m acquisition of Balranald Vineyards after settling a dispute over grape sale contracts.