10 April 2002
Beringer Blass Wine Estates acquires NZ vineyard
Beringer Blass Wines Estates (Beringer Blass), a global leader in premium wine and a major division of Foster’s Group, today announced the acquisition by its New Zealand operations of a small vineyard in the highly esteemed Marlborough region.
The 16 hectare (40 acre) Hawkesbridge Vineyard was purchased to secure premium fruit supply from this high-demand region. The acquisition also includes a modern dwelling with cellar door capability, an award-winning brand (Hawkesbridge) and some plant and equipment.
The vineyard is expected to provide 40 tonnes of fruit in the 2002 harvest, increasing to 126 tonnes at full bearing in vintage 2005. Plantings are primarily of Sauvignon Blanc and Chardonnay, with small quantities of Pinot Noir and Pinot Gris.
Tel: +613 8626 3007
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Email: Rell Hannah
Manager Capital Markets
Tel: +613 9633 2273