News

NEW ZEALAND: Babich Wines reveals plans for new winery - report

Most popular

Hard seltzers pave the way for 'soft seltzer'?

What will Coca-Cola Co's priorities be? - analysis

Top US craft brewers in 2020 - data

The rise of adaptogens in soft drinks

Constellation Brands in fiscal-2021 - preview

MORE

Babich Wines is planning to build a new 6,000-tonne capacity winery, according to local reports.

//i4.progressivedigitalmedia.com/1/_MG_8179.jpg

It comes after the Auckland-based company last week sold its 50% share of Rapuara Vintners to Treasury Wine Estates. Joe Babich, the company's MD, told The Marlborough Express that building a new facility is the best way for the company to progress.

"We've been involved with Rapaura Vintners for 12 years as shareholders, but we've come to an agreement,” he was reported as saying.

"We are both in a growth phase and the best path forward is to build our own winery."

Babich intends to build its new winery at the Cloudy Bay Business Park, south of Blenheim, in time for the 2014 vintage, it was reported. 

The new winery will start with a capacity of 4,000-tonnes capacity, before being developed to 6,000 tonnes as production rises, according to the paper.


View Larger Map


Sectors: Wine

Companies: Treasury Wine Estates

Related Content

New Zealand's Yealands Estate Wines charged over adding sugar to EU wines

New Zealand's Yealands Estate Wines charged over adding sugar to EU wines...

"'Watershed moment' is the right term to use" - Charlie Merrells, chief strategy officer for Amazon ...

"The mainstream part of our wine portfolio is incredibly important for Africa" - just-drinks meets D...

"We're looking for brands that can bring new growth opportunities to the group" - just-drinks speaks...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?