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Super Fund buys four Yealands vineyards for just under $34m

Yealands Group CEO says the sale has nothing to do with being unable to pay dividend this year.

Dita De Boni Fri, 04 Dec 2020

Yealands Wines has sold about 10% of its vineyards to the New Zealand Super Fund for just under $34 million, but says it is not at all a ‘firesale’ after a year in which it was unable to pay a dividend to parent company Marlborough Lines.

“Not at all – it is not that sort of

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Dita De Boni Fri, 04 Dec 2020
Contact the Writer: dita@nbr.co.nz
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Super Fund buys four Yealands vineyards for just under $34m
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