(Bloomberg) - Treasury Wine Estates Ltd. (TWE), the world’s second-biggest listed wine producer, is renting vineyards in California’s Napa and Australia’s Barossa valleys to get hold of grapes amid surging demand for high-end vintages. Where owners weren’t prepared to sell up, the company was happy to lease wine country to meet market demand, David Dearie, chief executive officer of the Melbourne-based company, said in an interview in Sydney yesterday. Treasury’s brands include the Penfolds and Beringer labels.