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NZ: Esk River valley winery on the block - report

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A winery in New Zealand is being sold off after it failed to secure supply deals for its wine.

Linden Estate, also known as Esk River Winery, will be split between three different buyers.

The property, located in the Esk River valley near Napier, will be sold for around NZ$2.4m (US$1.65m). Linden Estate was initially set up by Brenda Lynne Cha of Canada.

Cha had intended to increase export sales by establishing contacts with wine brokers, restaurants and private clubs in Canada and the US, National Business Review said today (26 January).


Sectors: Wine

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