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

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

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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.


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Sectors: Wine

Companies: Treasury Wine Estates

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