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Opinion

Recent failures not a sign of rotten wine

Paul McBeth
Fri, 21 May 2021

There could be an opportunity for a canny buyer of premium winemaking assets.
Paul McBeth
Fri, 21 May 2021
It’s easy to look at the receiverships of Sacred Hill and the Fistonich family’s holding company for Villa Maria as signs that all is not well within the winemaking industry.After all, one high-profile failure can be explained away as just the risky nature of business, but two or three might hint at something rotten on the vine.So far, this rot appears to be contained.People in the wine industry are broadly upbeat about the prices they’re getting, even if the harvest isn’t going to be another bumper crop and they’r...

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