Treasury Wine Estates

Treasury Wine Estates sells Clare Valley vineyard to Seppeltsfield

Treasury Wine Estates has sold its Clare Valley winery Quelltaler Estate, where it makes its Annie's Lane brand, to Seppeltsfield for an undisclosed sum.

The week in pictures

This week included the annual Bacchus Marathon with runners kitted out in fancy dress tackling the vineyard course at Denbies Wine Estate, and Bodegas Torres presenting the first vintage from the rediscovered Moneu grape with an appropriate flourish.

Tom King of Treasury Wine Estates joins WSTA board

Tom King, managing director of Europe for Treasury Wine Estates (TWE), has joined the board of the Wine and Spirit Trade Association (WSTA).

Treasury Wine Estates settles class action for $49m

Treasury Wine Estates has settled a shareholder class action for AUS$49 million after it was accused of misleading the market over a $160m write down of its business in the US and the destruction of $35m worth of wine.

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