McWilliam’s Wines Group’s portfolio of wineries and vineyards listed
Administrators Gayle Dickerson, Tim Mableson and Ryan Eagle of KPMG have appointed Colliers International to sell the business and assets of McWilliam’s Wines Group.
The expressions of interest campaign will close March 31.
The assets and business of McWilliam’s Wines Group are being sold as a going concern or separately, including recapitalisation or a sale of the business/assets via a Deed of Company Arrangement (DOCA).
It is being marketed as an opportunity to acquire a 142-year-old, privately-owned Australian family business as well as a large amount of stock and significant property.
“We anticipate wide-ranging interest from major wine industry participants, private equity investors, high net worth individuals and buyers looking for restructure opportunities,” Tim Altschwager said.
The assets include the Hanwood winery (pictured), one of the largest wineries in Australia.
The standalone premium wine operating facility, located in the Riverina region of NSW, has a circa 42,000 tonnes (per annum) operational processing capacity – both commercial (40,000 tonnes) and premium (2,000 tonnes), with opportunities for scale.
Mount Pleasant, a premium award-winning winery in the Hunter Valley region of NSW with a circa 800 tonne (per annum) operational processing capacity is also included.
McWilliam’s Wines Group’s ranges include the McWilliam's, McW and Mount Pleasant brands, as well as sole Australian distribution rights for Champagne Taittinger, Henkell.
The company is a Top 10 Australian wine producer by revenue, generating circa. 1.3m 9LE volume and $97 million gross sales per annum and has an operational capacity to crush up to 43,000 tonnes (per annum).
McWilliam’s recorded FY19 gross sales of $97million and 9LE sales volume of 1.3m (comprising 1.2m domestic and 0.1m international).
