Canada’s largest wine producer Vincor International has bought a second Australian winery - Amberley Estate, in the Margaret River region of Western Australia.
Last year Vincor bought another Western Australia winery, Goundrey. Their combined production will make them one of the largest producers in the region.
Vincor will pay AUS$24.8m (€15.4m) for the shares of Amberley which has an enterprise value of AUS$36.2 (€22.5m).
‘Amberley and Goundrey complement each other perfectly,’ said Donald Triggs, Vincor’s President and CEO. ‘Vincor will enhance its portfolio of fine Western Australian wine brands and greatly increase its sales and distribution capability in the important Oceania region.’
Sales volume for Amberley has grown to over 100,000 cases annually, focusing on Margaret River super-premium red and white wines, with a specialty in Chenin Blanc.
The winery’s business will be integrated with Goundrey, and managed by Rich Hanen, president of Vincor’s Goundrey Wines.
Vincor International is North America’s fourth wine company, with wineries in British Columbia, Ontario, Quebec, New Brunswick, California, Washington State and New Zealand.
Vincor’s premium brands include Inniskillin, Jackson-Triggs, RH Phillips, Toasted Head, EXP, Hogue Cellars, Kim Crawford, Sumac Ridge, Caballero de Chile, Hawthorne Mountain and Sawmill Creek.
Written by Tony Aspler