A private equity firm based in Britain is believed to be circling Accolade Wines, according to The Australian newspaper, with some pointing to Permira or the 3i Group. Permira is a European firm with €200 million of committed capital for investments in the consumer, financial services, healthcare, industrial, media and technology sectors, while 3i Group is London-listed and invests in the business services, consumer and industrial space.
The 67th annual meeting of the American Society of Enology and Viticulture (ASEV) highlighted the excellent progress that has been made in vineyard irrigation management since the 1980s, and it hinted at exciting new developments yet to be fully realised. The symposium was recently held in Monterey, CA. Monterey County, like most of California, remains under severe to exceptional drought conditions, so it was fitting that the meeting began with a symposium on water management.
Winegrape growers in the Murray-Darling and Swan Hill regions have two weeks in which to vote for the grower-managed committee that oversees the collection and spending of statutory levies. The vote has implications for the future of Murray Valley Winegrowers (MVW).
For the Statham family, organic farming is more than just not using chemicals. It’s a philosophy that takes into account the soil, weeds, pests and disease and sustainability. And it is these principles of organics and sustainable living that have helped owner Sam Statham win Australia’s Organic Wine of the Year this year with his first personally made wine.
They’re certainly creating plenty of buzz in bars and beyond, but Philip White ponders how curious winefolk can face the mess of new varieties that end in O, among others. South Australia has about 9000ha of Chardonnay. Next come Riesling and Sauvignon blanc, at about 2500ha each. These figures are from Wine Australia’s 2016 Winegrape Crush Survey.
Shiraz leads the reds at 26,500ha, followed by Cabernet sauvignon at 17,000ha and Merlot at 4000ha.
Grenache, the current hotgoss sizzler, is fourth, at a meagre 1700 ha. I’m being parochial here, keeping this discussion local. Even this a bit too general.
In 1976… Lindemans was peddling Ben Ean Moselle by the truckload, in amongst Cold Duck and Porphyry Pearl. Penfolds released their 25th vintage of Grange (the first ‘to cross the $20 barrier at release’), Orlando released Jacobs Creek and Petaluma was opened in the Adelaide Hills. In the same year Robert ‘Bob’ Stein, a young Sydney builder come businessman and keen fly fisher was turning his attention to the winegrowing region of Mudgee.
Ben Richards will be buffing up his schoolboy Italian as he packs his bags for a Romeo Bragato exchange scholarship trip early next year. The former Matamata man, who is a double degree student at EIT in Hawke’s Bay, has travelled to Australia and the US before but never to Europe. So the 21-year-old is very much looking forward to his month in Italy, where he will visit wineries, vineyards and the Scuola di Viticoltura e di Enologica di Conegliano in the country’s northeast.
Innovative approaches to vineyard management will feature at a free National Wine and Grape Industry Centre vine health workshop in Murrumbateman on Wednesday September 14. Darren Fahey, NSW Department of Primary Industries viticultural development officer, said local vignerons will gain insights into the latest technology available to keep their vineyards productive and business on track.
Foley Family Wines, which operates brands including Vavasour and Martinborough Vineyard has more than quadrupled full-year profit to $6.5 million after a bumper harvest. The NZAX-listed company controlled by American billionaire Bill Foley lifted sales to the UK and Europe by 48 per cent to 71,000 cases. Sales in New Zealand fell by 14 per cent to 101,000 cases, a performance it described as “disappointing”. Sales in Australia were flat, while North American sales rose 15 per cent to 131,000 cases.
Perennial wine winner Villa Maria again demonstrated its dominance by taking out the top prizes at the first of the 2016 awards. A Villa Maria Chardonnay and a Cabernet Sauvignon Merlot were the champion white and red at the Romeo Bragato Wine Awards. The Villa Maria Single Vineyard Ihumatao Chardonnay 2014 won the overall trophy as well as its category and the white wine section.