news, local-news, winemaking tasmania, tasm, anian vinters, aquire, tasmania, wine

Winemaking Tasmania's future has been secured with the announcement of Tasmanian Vintners acquiring 100 per cent of the business and assets. Tasmanian Vinters is a jointly owned company from Tasmanian businessman Rod Roberts and the Fogarty Wine Group (FWG). Winemaking Tasmania went into voluntary administration on May 22. Mr Roberts and FWG Chairman Peter Fogarty said Winemaking Tasmania would be renamed Tasmanian Vintners, which will signal a new start and new direction for the operation. "With a strong group of contract customers and fruit growers and the shareholders' own increasing production volumes, together with access to capital, we anticipate Tasmanian Vintners will be one of Tasmania's fastest growing, high-quality wine businesses,'' Mr Roberts said. Winemaking Tasmania supplies wine making, bottling and production services and accounts for a significant percentage of Tasmania's total finished wine production by volume, and manages production for 30 boutique wine brands across the State. "We're committed to retaining all Winemaking Tasmania's contract wine making customers, taking fruit from its existing grower base and working closely with the Tasmanian producers to provide high-quality processing and bottling capability in Tasmania," Mr Fogarty said. Depending upon the season, the business employs between 20 and 30 employees. "Suppliers and customers can have confidence that the business is now well funded and committed to being one of Tasmania's most successful premium and luxury wine producers," Mr Fogarty said. "We see enormous potential for the Tasmanian wine industry. It has rapidly strengthened its reputation for outstanding pinot noir, chardonnay, sparkling wines and other varietals," Mr Roberts said. Following the voluntary administration, Pitcher Partners were appointed as administrators. They have been responsible for the disposal of Winemaking Tasmania's assets, with distribution of proceeds received to that company's creditors and shareholders. The administrators have terminated the employment of former chief executive Jonathan Lord.

https://nnimgt-a.akamaihd.net/transform/v1/crop/frm/bn2PjhmnXeQx5jJTeKyANk/6a5f6dbe-d019-4cee-97bc-2d9469a070cb.jpg/r3_1_1198_676_w1200_h678_fmax.jpg