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8/10/2014

McWilliam’s Wines returns to being 100 per cent family-owned

McWilliam’s Wines announced yesterday the company has returned to being 100 per cent family-owned.

Rob Blackwell, McWilliam’s chief executive officer, says the announcement comes on the back of an exciting period of development for the company.

“In the past two years McWilliam’s has undergone significant capital restructuring in order to make our business stronger," he said.

"This will enable McWilliam’s to take advantage of opportunities as they arise across the domestic and export markets.

"One of the very positive outcomes for McWilliam’s is the company returning to being 100 per cent owned by the McWilliam’s families, a significant event for a 140 year old Australian wine company”.

Jeff McWilliam, the company’s chair, also commented, saying this is not only a milestone for the company but also for the McWilliam’s family.

“We are a proud multi-generational family-owned wine producer and the decision to acquire E&J Gallo Winery’s shareholdings in McWilliam’s was unanimously supported at the recent shareholder meeting," he said.

"Great wines are made by people with passion and in discussions with our people I’m seeing a renewed enthusiasm across our business in response to this news."

As well as the return to complete family ownership, there has also been an increased emphasis on the regionality of the brands in the McWilliam’s portfolio and the premium offerings to come from those regions. 

This has been done through the introduction of ranges such as the widely celebrated McWilliam’s Appellation range, showcasing the very best of the exciting cool-climate NSW wine regions.


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