Champagne Indage acquires Australian winery VineCrest
Wine maker Champagne Indage today said it has acquired Australia's VineCrest through its overseas subsidiary.
By PTI |
MUMBAI: Wine maker Champagne Indage today said it has acquired Australia's VineCrest through its overseas subsidiary.
"This is the company's third Australian acquisition and will facilitate CIL (Australia) to base its operations in the wine-growing region of Barossa," a press release issued said here on Friday.
VineCrest, situated in Barossa Valley, is a highly rated boutique winery and vineyard in South Autralia, the release said.
"The acquisition of VineCrest is yet another strategic step towards expanding our global portfolio of iconic brands," Champagme Indage Managing Director Ranjit S Chougule said.
Earlier, Champagne Indage had acquired Thachi wines and Loxton winery, both in Australia.
"This is the company's third Australian acquisition and will facilitate CIL (Australia) to base its operations in the wine-growing region of Barossa," a press release issued said here on Friday.
VineCrest, situated in Barossa Valley, is a highly rated boutique winery and vineyard in South Autralia, the release said.
"The acquisition of VineCrest is yet another strategic step towards expanding our global portfolio of iconic brands," Champagme Indage Managing Director Ranjit S Chougule said.
Earlier, Champagne Indage had acquired Thachi wines and Loxton winery, both in Australia.
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