The Atelier winery of Russian River Valley of California

New York-based hedge fund MGG Investment Group announced in July that it, plus affiliated entities, had acquired the 342-hectare Spring Mountain Vineyard estate in Napa Valley. This week, MGG said it will now provide a major injection of capital to ‘revitalise’ the historic estate. The investment will include allowing the team to replant all 81 hectares (ha) currently under vine on the sprawling estate. Spring Mountain Vineyard also plans to plant an additional 28ha of new vines, pen ...

Established in 2002, the Margaret River Wine Show once again celebrated the best of the region’s bottlings last week. Margaret River is unequivocally known for its Chardonnay and Cabernet Sauvignon, both of which held court as expected in the show this year. However, it would be remiss to ignore the rise of rosé over recent years, with regards to both quality and consumer demand. Writer Nick Ryan, who chaired the judging panel for the third time this year, said: ‘If anyone thinks that rosé ...

AXA Millésimes has expanded its footprint in California by purchasing Platt Vineyard on the western reaches of Sonoma Coast for an undisclosed sum. The French insurance giant’s wine division made its first foray into the Golden State when it bought Napa Valley winery Outpost back in 2018. Managing director Christian Seely has been on the hunt for a vineyard of similar quality to produce Pinot Noir and Chardonnay ever since. AXA Millésimes jumped at the opportunity to snap up the 111-hectare Plat ...