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7/09/2017

McGuigan and Peterson buy ‘Ben Ean’ from TWE

Local Hunter Valley wine identities, Brian McGuigan and Colin Peterson, have entered into an agreement to purchase the site at 119 McDonalds Road, Pokolbin, NSW. Popularly known as ‘Ben Ean’ and historically home to the Lindeman’s Cellar Door and 1843 Harvest Café, McGuigan and Peterson will acquire the site from Treasury Wine Estates (TWE).

Established in 1834 as a vineyard, winery and distillery, this site has been a key wine producing home for some of the nation’s extraordinary white and red table wines. McGuigan and Peterson will operate the facility under the site’s original name, ‘Ben Ean’, a Celtic name meaning ‘mountain of pleasure’, and will showcase a range of Hunter Valley wines. 

The site will offer multiple brands that have a connection to the region, including Lindeman’s and several other wines from the Treasury Wine Estates portfolio, as well as the Peterson range, called Savannah Estate, and McGuigan’s daughter’s products, Lisa McGuigan Wines.  

Commenting on the sale, Brian McGuigan said: “Colin Peterson and I are dedicated to maintaining and developing the Estate as a salute to some of the best-known wine producers of the last 170 years of viticulture and winemaking in the district. The property has produced extraordinary wines that have assisted in building the reputation of the Hunter Valley as one of the world’s highest quality wine regions.”

“As local vignerons, we thank TWE for the opportunity to take ownership of this property, helping to foster the expansion of the Hunter wine industry. The heritage of the site will be protected at all costs in recognition of the great history we possess in our region,” McGuigan said. 

Angus McPherson, TWE’s Managing Director for Australia and New Zealand, said: “After careful consideration, TWE has decided to sell this Hunter Valley site to Brian McGuigan and Colin Peterson, who we believe are well placed to leverage the significance of this local icon for the benefit of the community and the broader NSW wine industry. We wish them well in their plans for this Hunter Valley landmark.” 

“The sale of the site is not related to the Lindeman’s brand, which is one of our global priority brands with wines sold in many countries around the world. TWE will continue to own, make and market the Lindeman’s brand,” McPherson said.

The site will be run by a new company, and it is intended that settlement will occur in mid-September 2017. The range of products will be available early in the month of October 2017. McGuigan and Peterson will continue to maintain and expand the vineyard at Ben Ean and will install winemaking equipment so that wine can be made in the future.  They also intend to expand on the hospitality facilities offered to local and international guests visiting the historic Hunter Valley. A programme of expansion of these facilities and renewal of others will be undertaken in the coming months, so that visitors and wine-lovers who come to the valley are offered a great experience.

The function centre will remain open during this time and there will be no adverse impact on events; all existing bookings will be honoured. McGuigan and Peterson will work together with TWE to ensure a seamless handover.

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WID 2017