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23/10/2017

Transferring your business?

The wine industry, including the grape growing sector, mostly comprises small and small-medium enterprises, while most medium to medium-large enterprises are run by privately owned companies.

The industry is capital intensive, usually with substantial fixed assets, and is cash-flow poor.

When considering succession planning for wineries and vineyards, it makes sense to consult a lawyer who fully understands the industry, so owners’ wills and estate arrangements reflect the practical realities of transferring the business.

Mark Hamilton from Grope Hamilton Lawyers has 30 years experience in wine sector law and has first hand knowledge of succession planning as he is the sixth generation of the Hamilton wine family. His advice would be “cheap at twice the cost” given the implications of getting succession planning wrong.

Call Mark on 0412 842 359

Bayer


Flavourtech


New Holland


Braud


Kauri


WID 2017