Business Chief APAC+ANZ Magazine February 2017 | Page 31

TOP 10 AUSTRALIAN WINE COMPANIES TREASURY WINE ESTATE Limited is an Australian-owned producer and distributor of wine with global operations . It was renamed in 2011 following the decision by Fosters Group to separately list its wine and beer assets in 2010 . After demerging from Fosters Group , Treasury Wine Estate became one of the world ’ s largest wine producers , with vineyards across Australia , the US , New Zealand and Italy and a market share of 10.7 percent . The company ’ s brands include Penfolds , Linderman ’ s , Wolf
Blass , Rosemount Estate , Beringer Vineyards , Matua and Castello di Gabbiano . After the demerger , TWE rejected a takeover bid of more than $ 3 billion , made by private-equity firm KKR & Co . in March 2014 , and most recently the company rejected a bid from private equity suitors in September 2014 , indicating it was holding out for a higher price . Treasury Wine Estates puts most of its success down to its diverse global operations , with luxury and boutique wines across Asia and the United States contributing to its position as a global wine manufacturer .
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