Auckland winemaker, its stability include oyster bay brand, will purchase 5000 tons of brewery, in the barossa valley, a 41 hectares of vineyards, grape growers contracts and inventory and brands, it said in a statement Information Security
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The deal is expected in June, settlement, funds will be through the existing bank credit.
"Barossa is GuCun assets acquisition and the group of high quality wine portfolio's ideal candidate," managing director Jim representative said. "
"These wine style is complementary group's current business, and on a global scale to provide a lot of sales growth opportunities in the future Part time DBA."
Barossa valley wines including E&E black pepper Silas, retail price $A89.99 ($NZ109) a bottle of 2006 and up relatively early in Dan murphy's chain A150 yuan a bottle of wine.
Bought rivals have Delegat winery in recent months, buy hawkes bay marta Ricky group assets of $8.5 million in January, the second half of last year and two marburg properties.
The company released the first half of the year earnings by 31% to $19.3 billion, through the second half of 2012, on a flat sales of $129100000 You beauty.