Yellow Tail owners buy Peter Lehmann

13th November, 2014 by Rupert Millar

Casella Family Wines, the owners of Australian wine brand Yellow Tail, has acquired Peter Lehmann Wines in Barossa Valley, while one of the Casella brothers has been implicated in a drug syndicate.

yellow tailCasella acquired a controlling stake in Peter Lehmann from Hess Group for US$49.5 million, significantly less than the $103m Hess paid for the brand in 2003.

Peter Lehmann’s widow Margaret said she was also going to sell her 10.8% share to Casella which would give it a 90% controlling share overall.

“The Board … is confident that John Casella and his team will be fine custodians of Peter Lehmann’s legacy,” said Christoph Ehrbar, chairman of Peter Lehmann Wines.

“Casella Family Brands is an Australian, family-owned wine success story with the vision and expertise to continue the development of this iconic South Australian wine business.”

John Casella, managing director of Casella Family Wines, told Wine Spectator, “We have a clearly defined strategy to extend our Casella brand portfolio to include an incredible range of premium wines that highlight the enormous diversity of the Barossa and its sub-regions,” apparently hinting further that this will not be the last time Casella acquires an existing wine company.

Unfortunately, news of the acquisition has been overshadowed by the revelations that the youngest of the three Casella brothers, Marcello, has been arrested on charges of drug trafficking.

The Sydney Morning Herald reported that Marcello is charged with being a part of a “criminal syndicate that produced, distributed and sold commercial quantities of cannabis and methylamphetamine throughout southern NSW.”

Marcello appeared in court in Griffith yesterday (Wednesday 12 November), having been charged with one count of cultivating a “large commercial quantity” of marijuana and one count of participating in a criminal group back in September.

Police first raided a property linked to Marcello in February of this year and on 27 February he stepped down as a co-director of Casella Family Wines, leaving his older brothers Joe and John in charge of the company which exports some 12m cases annually.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

2 x Buying Assistants

Berry Bros. & Rudd
Battersea and Basingstoke, UK

Temporary Christmas Sales Support - Wines & Spirits

Harrods
Knighsbridge, London, UK

Head of Wholesale

Hispamerchants Ltd
London, UK

Sales Manager

Hispamerchants Ltd
London, UK

National Sales Manager

Maverick Drinks
Field based, UK

Regional Sales Executive

EWGA
Gloucestershire, UK

Senior Content Writer

Rude Wines
Ledbury, UK

Events and Trips Manager

Berkmann Wine Cellars
London, UK

Sales Account Manager - On-Trade

Berkmann Wine Cellars
East Scotland, UK

Account Manager Central London

Speciality Drinks Ltd
London, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Drinks Business Green Awards 2017

London,United Kingdom
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017
Click to view more

Global Chardonnay Masters 2017

Deadline : 16th October 2017

Green Awards 2017

Deadline : 21st October 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more