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AUSTRALIA: Treasury Wine Estates releases US$168,000 wine

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Treasury Wine Estates (TWE) has released what it claims is the world's most expensive bottle of wine.

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Only 12 Penfolds 2004 Block 42 will go on sale, each with a US$168,000 price tag, the Australian winery said today (28 June). The wine comes completely encased in glass with no cork or screwcap.

When owners want it opened Penfolds will send a senior winemaker to wherever they are in the world, the company said. 

The so-called Ampoules will be launched in Moscow by Penfolds chief winemaker, Peter Gago.

“The Ampoule project is typical of the pioneering philosophy behind Penfolds' winemaking evolution,” Gago said.

In February, TWE announced a profits leaf in H1 results, thanks to a rise in demand for its luxury wines.


Sectors: Wine

Companies: Treasury Wine Estates

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