Jackson Family Wines buys historic Australian vineyard

The Hickinbotham Vineyard at Clarendon, the source of some of Australia’s finest Shiraz, Grenache and Cabernet Sauvignon, now has an American owner. Jackson Family Wines has announced its purchase of the 445-acre McLaren Vale property. The sale comprises 207 planted acres on rolling hillsides, some steep and wooded, and two architecturally significant homes. Although no purchase price was announced, industry sources estimate it was more than $10 million, reports Wine Spectator.