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Hot Topic Hawke’s Bay
General Business
3 mins to read
6

Villa Maria holding company owes banks $212m

The holding company went into receivership in May, though the winery continues to operate.

Hamish McNicol Fri, 16 Jul 2021

The company that owns wine maker Villa Maria owes its bankers $212 million, the first receivers’ report says.

In May, Brendon Gibson and Neale Jackson of Calibre Partners were appointed receivers to FFWL Ltd, the 100% shareholder of Villa Maria Estate. FFWL is owned by the winery’s

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Hamish McNicol Fri, 16 Jul 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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