AUSTRALIA: Cabonne to raise $22m for expansion

Most popular

The beer category in 2018 - Review

The beer category in 2019 - just-drinks predicts

'Healthy alcohol - the trend to watch in 2019?

Is craft spirits approaching a reset moment?


The Australian winemaker Cabonne Ltd announced yesterday that it was looking to raise over A$22m to help drive its expansion as demand for its wines grew in the US and UK markets. The group is transforming itself from a bulk winemaker into a super premium producer and is also changing its name to Reynolds Wines. It is now turning to the stock market to raise the money via a rights issue and a placement of cumulative converting preference shares.

Related Content

Suntory ready to raise European Bourbon prices next year - president

Suntory ready to raise European Bourbon prices next year - president...

"Some in the wine industry need to acknowledge that businesses need to make money" - just-drinks tal...

"You could argue that we are stupid to sell in Travel Retail; for us it is the right environment" - ...

"More Chinese people like wine - they want to know more about it" - Interview, Alan's Wines & Spirit...

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?