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Tuesday 9 February 2016

Treasury Wine Estates

Diageo completes £361m sale of wine brands

Diageo has completed the sale of its US-based Chateau & Estate Wines and UK-based Percy Fox to Australia’s Treasury Wine Estates in a deal worth £361 million.

Monday, January 4th, 2016 No Comments »

Treasury to introduce calorie labelling

Treasury Wine Estates has become the first major wine producer to commit to including calorie information on all of its wines.

Monday, December 7th, 2015 5 Comments »

Treasury targets young men with criminal wine brand

Treasury Wine Estates is hoping to tap into the male millennial market via two new wine brands including one that focuses on the shipping of British convicts to Australia.

Friday, November 6th, 2015 1 Comment »

Treasury gets approval to acquire Diageo’s wine business

Treasury Wine Estates has been given the go-ahead to acquire the majority of Diageo’s wine business after gaining anti-trust approval in the USA.

Wednesday, November 4th, 2015 No Comments »

MWM reveals speakers for Wine in China conferences

Ahead of its annual Wine in China conferences in Hong Kong and Shanghai next month, Meiburg Wine Media has announced its list of speakers representing the China wine trade.

Thursday, October 22nd, 2015 No Comments »

Diageo to further offload wine business

Diageo is putting its Chalone Vineyard winery up for sale after it was left out of last week’s £361 million deal with Treasury Wine Estates.

Wednesday, October 21st, 2015 1 Comment »

Diageo sells wine arm to Treasury

UK drinks giant Diageo has agreed the £361 million sale of the majority of its wine division to Treasury Wine Estates.

Wednesday, October 14th, 2015 No Comments »

Treasury to slash supply chain costs by $30m

Treasury Wine Estates has entered the second phase of streamlining its supply chain, announcing plans to sell off up to AU$30 million worth of assets.

Tuesday, October 6th, 2015 No Comments »

Diageo ‘in talks’ with Treasury over wine unit

Diageo is reportedly in “detailed talks” with Treasury Wine Estates about selling off its Global Wine Unit, which includes brands like Blossom Hill and Piat d’Or.

Wednesday, September 30th, 2015 No Comments »

Asia a major focus of growth for TWE

Treasury Wine Estates is embracing the “evolving” market of Asia as last week’s results revealed profits for the region were up 52%.

Wednesday, August 26th, 2015 1 Comment »

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