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Primary Sector

Sacred Hill tipped into receivership

Paul McBeth
Wed, 12 May 2021

Sacred Hill tipped into receivership
Paul McBeth
Wed, 12 May 2021
Sacred Hills Vineyard has been tipped into receivership just weeks after appointing liquidators to its wholly-owned distributor, Quench Collective.The winemaker’s lender Westpac appointed Rees Logan and Andrew McKay of BDO to act as receivers on May 6. "The receivers are undertaking urgent assessment of both companies’ financial positions to determine the options available going forward and will be communicating with all key stakeholders of the businesses forthwith," they said in a statement. "There are a nu...

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