The Winery Diamond Creek Estate of Southern Highlands of Nouvelle-Galles du Sud

Foley Family Wines has returned to the acquisition trail in California by announcing its acquisition of Sonoma’s Chateau St. Jean from the Americas division of Treasury Wine Estates, owner of Penfolds in Australia. Foley said it ‘plans to restore the winery to its former glory’. A fee for the deal was not disclosed, but the purchase includes the historic 1920s chateau building, a 6,000-square-foot visitor centre, a winery facility and almost 32 hectares (79 acres) of estate vineyards. Fole ...

Shafer Vineyards has been sold to Shinsegae Property, a division of the wider Shinsegae Group, with interests in several business sectors, from retail to real estate. Shinsegae Property acquired the trailblazing Napa winery for 299.6 South Korean won ($250m), according to the Korea Herald newspaper. Further details about the deal were not disclosed, but the newspaper quoted a company official as saying the deal would benefit Shinsegae L&B, a wine and alcoholic drinks wholesale and importing ...

Higher growing season temperatures over the next 20 years are likely to further increase the UK’s potential for wine production, according to new modelling on ‘near-term’ climate change impact on the sector. Yet wineries also need flexibility to adapt to challenges, said the study, published in the Oeno One journal and part of a wider project on climate resilience in UK wine. Conditions seen in the excellent 2018 vintage are set to become more common in several areas, including East ...