It’s private equity up against strategic buyers – and private equity owned strategic buyers – in the hunt for New Zealand wine giant Villa Maria Estates. Street Talk can reveal Australia’s Accolade Wines, owned by The Carlyle Group, is in the auction’s second stage. The buyout firm is set to butt heads with rival fellow […]
Read more >Competition for vintage staff in Marlborough is fierce a few weeks out from harvest. Seasonal staff in New Zealand’s wine capital are weighing up their options like never before, as closed borders due to the pandemic mean the industry is scrambling for workers. But as word of pay bumps for newbie cellar hands filters through […]
Read more >Tonga has decided to not partake in the new Recognised Seasonal Employer scheme in New Zealand due to repatriation and quarantine difficulties. A border exception for two thousand experienced Recognised Seasonal Employer scheme workers from the Pacific was announced late last year, to assist the horticulture and wine industries.
Read more >Swiss bank UBS is looking for a new owner or investor for family-owned Villa Maria, one of New Zealand’s biggest wine companies, according to the Australian Financial Review. The company could be worth more than A$200 million (NZ$212.8 million), although no binding bids had been submitted yet.
Read more >Online wine retailer The New Zealand House of Wine has reported record-breaking sales. The business, which falls under the Cadman Capital Group’s portfolio of companies, said sales surged 86.5% year-on-year during the nine-month period from April to December 2020, a record for the online retailer.
Read more >Amidst significant global turbulence, New Zealand agricultural producers are poised to enjoy a fifth consecutive year of general profitability this year, according to a new report by agribusiness banking specialist Rabobank. According to the report, 2021 is expected to bring significant challenges in each of NZ’s three largest wine export markets – the US, the […]
Read more >A partnership between Irish comedian Graham Norton and New Zealand company Invivo Wines is bearing more fruit, with a sparkling rosé joining the line-up. The new pink bubbly is the fifth addition to the Graham Norton’s Own range of wines, which has produced more than 10 million bottles since the partnership began in 2014.
Read more >A new premium wine range from New Zealand has recently launched with a huge focus on sustainability. An advocate for sustainable packaging solutions, Round Theory’s uniquely-shaped glass bottles are 30% lighter, 35% shorter and made from clear glass for improved recyclability and to lower its carbon footprint, plus all cartons are made from 100% recycled […]
Read more >New Zealand Winegrowers (NZW) has reported a 23% leap in off-trade value sales of New Zealand wine in the UK. Moreover, for the year ending 26 December 2020, an additional 14.4 million bottles of New Zealand wine were sold compared to the same period in 2019 (Nielsen Scantrack).
Read more >With the relationship between China and Australia souring in the past six months, New Zealand’s response will need to be nuanced and careful, but also principled. First and foremost, we must ensure the dispute between two of our main trading partners stays partitioned from our role within the Five Eyes security alliance. If they become […]
Read more >Currently, only some cellar doors are allowed to charge – a move that’s been labelled unfair. One cellar door unable to charge for tasting is Marlborough’s No. 1 Family Estate. The cellar door is unable to charge for wine tasting due to only having an off-licence, which is designed for the likes of bottle stores.
Read more >When I told you about Flaxmore Vineyards a couple of years ago they were a new label in the Nelson wine scene. In the intervening years owners Stuart and P have been busy establishing a cellar door facility and recently added an art gallery next to the tasting room.
Read more >An American wine magazine has listed a Marlborough wine among the best wines of 2020. Wine Spectator has released its ‘Top 100’ for the year, with the Allan Scott Sauvignon Blanc Marlborough 2020 taking out the number 23 spot.
Read more >Image: NZ Winegrower. Spodoptera frugiperda, otherwise known as the highly invasive plant pest fall armyworm, arrived in northern Australia early this year and has spread rapidly around the country since. Native to the tropical and subtropical regions of north and central America, it has invaded more than 60 other countries, none of which have managed […]
Read more >New Zealand is offering to step in to try and resolve the trade feud between Australia and China. The country’s new Foreign Minister Nanaia Mahuta said she is willing to negotiate a truce between Australia and China amid a tense diplomatic relationship.
Read more >Unkel Wines was recently established at the former Rimu Grove vineyard and winery in Bronte Road, Upper Moutere and they’re not just another wine label. Under the guidance of winemaker and co-owner Rob Burley, Unkel Wines produce a range of natural wines.
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