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Endeavour plans "aggressive" expansion

Endeavour plans "aggressive" expansion
winetitles.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winetitles.com.au Daily Mail and Mail on Sunday newspapers.

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Paragon Wine Estates welcomes Yarra Valley's Oakridge Wines into portfolio


Paragon Wine Estates welcomes Yarra Valley’s Oakridge Wines into portfolio
March 12th, 2021
Image: David Bicknell, Oakridge Wines’ chief winemaker
Paragon Wine Estates of Endeavour Group has acquired Yarra Valley producer Oakridge Wines into its premium wine portfolio.
The acquisition of Oakridge Wines includes the brands and the winery, vineyards (totalling 20.8 hectares, and another 16.6 hectares leased) and its grapegrower relationships as well as award-winning restaurant and cellar door.
The addition of Oakridge Wines expands the Paragon Wine Estates regional coverage with award-winning brands across five premium key wine regions in Australia and New Zealand; Oakridge Wines (Yarra Valley), Chapel Hill (McLaren Vale), Isabel Estate (Marlborough, NZ); Krondorf (Barossa Valley), and Riddoch (Coonawarra). ....

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Woolworths' Endeavour mulls Oakridge Wines


Woolworths’ Endeavour mulls Oakridge Wines
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Woolworths’ Endeavour Group is close to buying Yarra Valley winemaker Oakridge Wines from corporate power couple Ilana Atlas and Tony D’Aloisio, building up its cellar ahead of a $10 billion demerger in June.
The acquisition, which is expected to be announced as early as Thursday, will strengthen Endeavour Group’s growing portfolio of fine wines. However, as Endeavour moves further up the value chain, making as well as selling wine, it is increasingly competing against its major suppliers.
Woolworths’ Endeavour Group is close to buying Tony D’Aloisio’s Oakridge Wines. 
John Woudstra ....

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