Biggest drinks trade acquisitions of 2018

De Bortoli acquires Rutherglen Estates

In December, Australian producer De Bortoli acquired Rutherglen Estates in Victoria, in a deal that includes the vineyards, winery and tourist facilities.

Although the de Bortoli family and its main winery is based in Riverina in New South Wales, it has been on a buying spree in Victoria of late, picking up properties in Yarra Valley, King Valley and Heathcote.

“The Rutherglen vineyard purchase complements the family’s existing premium Victorian vineyard holdings in the Yarra Valley, King Valley and Heathcote wine regions,” said Darren De Bortoli in a statement.

“Rutherglen Estates also provides De Bortoli Wines with a third winemaking facility in addition to the business’ Riverina and Yarra Valley sites. The proximity to its Riverina operations is also an advantage.

“Based on growing customer interest and strong sales forecasts, the De Bortoli family is confident that premium quality Victorian red wine with density, freshness and interest will increasingly be in high demand both domestically and internationally.”

As well as a range of red, white and sparkling wines, Rutherglen Estates also has a range of sweet Muscats which is something of a speciality of De Bortoli.

The purchase brings 185 hectares into De Bortoli’s portfolio and its total vineyard holdings to 820ha, 700ha producing fruit.

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