Riverina-based Meditrina Beverages has agreed to acquire the assets of Warburn Estate, Australia’s eighth-largest winery.
The sale, which is expected to close in March, will include Warburn Estate’s land, plant, equipment, cellar door, and trademarks and intellectual property.
“The Sergi family has been an integral and respected leader in the wine industry in this region for over 55 years, and we hope to build on their good work. We wish them well in their future endeavours,” said Anthony Taliano, MD at Meditrina Beverages.
“It is time for us to step back, and to focus on our family. We welcome the Taliano family into the wine industry and know their passion for agricultural-based business in the local region, the brands and history of the company will continue under their family ownership,” added Antonio Sergi, fourth-generation of the Sergi family which owns Warburn Estate.
Warburn Estate, whose brands include Rumours, Gossips, and Droplet, exports to almost 30 countries.
