Riverina and Barossa Valley winemaker Calabria Family Wines has acquired 140-year-old McWilliam’s Wines after it was placed into administration last year.
The acquisition, set to complete by the end of this month, will include the McWilliam’s brands, intellectual property and stock holdings. Calabria will also take over Hanwood vineyard, winery and cellar door. The value of the deal has not been disclosed.
“Despite recent challenges, we know the McWilliam’s name carries a long and prestigious reputation as one of Australia’s oldest wine producers,” said Michael Calabria, GM at Calabria Family Wines.
The new owners will work with KPMG and McWilliam’s to “ensure a smooth transition as the business changes hands”. Founded in 1877, the McWilliam’s portfolio includes a range of premium vineyard holdings across the Riverina and New South Wales.
“We have great respect for the McWilliam family and the impact they have had on the Australian wine industry,” said Andrew Calabria, sales & marketing manager at Calabria. “We are committed to honouring the McWilliam’s legacy as we bring their portfolio of outstanding wines into our very own.”