close
MENU
Hot Topic DEALMAKERS
Hot Topic DEALMAKERS
Retail
2 mins to read

Wine industry consolidates as Pernod sells to Accolade

The sale brings New Zealand brands Church Road, Stoneleigh, and Brancott Estate together with Mud House.

No sale price was disclosed but earlier reports suggested a price of around A$500m.

French drinks giant Pernod Ricard is exiting its Australasian business after 35 years, with the sale of its high-profile brand portfolio to Australia’s second-largest producer Accolade Wines.

The move is a major consolidation for the Australasian industry and will see New Zealand brands Church

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Lachlan Colquhoun Thu, 18 Jul 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Wine industry consolidates as Pernod sells to Accolade
Retail,
104936
true