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Yealands sale not ‘highly probable’

More than a year after owner Marlborough Lines announced its wine subsidiary was on the block, a deal remains uncertain.

Community-owned electricity distribution company Marlborough Lines bought Yealands Wine Group in 2015.

Tim Hunter Tue, 12 Dec 2023

The sale of Yealands Wine Group by its owner Marlborough Lines is still not considered “highly probable”, 16 months after it was offered to the market.

Financial statements filed by the community-owned electricity distribution company showed the wine business acquired in 2015 was not yet

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Contact the Writer: thunter@nbr.co.nz
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Yealands sale not ‘highly probable’
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