SA law firm settles $27m Loxton winery sale

Aug 25, 2011

THE wine grape glut isn't enough to sour a $27 million deal that saw one of the world's largest wine company buy a Loxton Winery. South Australian law firm Kelly & Co. has advised Australian Vintage Limited on the $27 million sale of its 90,000 tonne Loxton winery to TWG Australia II, the Australian subsidiary of Californian-based Wine Group. As part of the transaction, completed last Friday, TWG Australia has employed all existing permanent staff working at the winery.

Share: Delicious Digg StumbleUpon Reddit Furl Facebook Google Yahoo Twitter

Comments:

 
Leave a comment





Advertisement