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Australia’s Cherubino Wines acquires Margaret River Winemakers
Cherubino Wines, based in the Australian winemaking region of Margaret River, has acquired second property Margaret River Winemakers.
Cherubino Wines has acquired wine and spirits brand Margaret River Winemakers, which it plans to integrate into its business to form a consolidated drinks and farming proposition.
The deal includes the property’s 2000-tonne facility with warehousing, distillation capacity, and cellar door offering.
As part of the acquisition, the spirits brand will be rebranded to use Cherubino’s vineyard fruit to produce estate spirits. There are also plans afoot for an on-site farm shop, to complement the existing Cherubino cellar door and Frui Momento restaurant and Enoteca located on Caves Road, Wilyabrup.
According to owners Larry and Edwina Cherubino, the company has been planning an acquisition for more than 20 years and are “excited to integrate the Margaret River Winemakers’ assets into their business.”
Cherubino’s current winemaking facility and equipment will be moved across to the Margaret River Winemakers site over the next 12 months. The new cellar door is due to reopen in December 2023.
“This acquisition represents an incredible opportunity for us to establish the brand not only in terms of supply but will greatly support our production and marketing capabilities,” Larry Cherubino said.
“Cherubino’s newly appointed distribution partner in the UK, Hatch Mansfield, along with Oatley Fine Wine Merchants in Australia, and our many partners and customers around the world, have allowed us to make this important step with confidence, and we look forward to sharing more details of the project soon.”
Margaret River in Western Australia is increasingly drawing international attention for its exceptional terroir.
In February 2023, the drinks business reported that Pol Roger had added Voyager Estate to its distribution portfolio, marking its first venture into Margaret River.
And in January, Hong Kong’s richest man, Li Ka-shing, snapped up the 182ha Edinger Estate, the region’s second largest vineyard.