Finance

UPDATED: Shareholder dispute over Lamont Wines

Paul McBeth
Thu, 15 Apr 2021

Lamont Winery is half owned by Southern Venture and half owned by the Gassons.
Paul McBeth
Thu, 15 Apr 2021
The co-owner operators of Lamont Wines say they will bid to buy the half of the boutique wine producer they don’t own, after BusinessDesk today revealed receivers were appointed over the property.Shareholder Southern Ventures appointed receiver Duncan Fea on April 8 after the winery defaulted on its loan. Fea has said he is looking to sell Lamont’s vineyards and wine business.Craig and Angie Gasson, who own the other half of the company and operate the winery, say the receivership is “ultimately a positive step forward because...

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