Tag Archive: Treasury Wine Estates
TWE Details Its $315 Million Deal For Napa Valley’s Frank Family Vineyards
In case you missed yesterday’s news alert, Treasury Wine Estates has agreed to acquire Napa Valley’s Frank Family Vineyards for $315 million. Continue reading →
Posted in News on November 18, 2021News Alert: Treasury Wine Announces $315 Million Deal For Napa Valley’s Frank Family Vineyards
Treasury Wine Estates has taken another key step in premiumizing its U.S. portfolio, announcing a deal to acquire Napa Valley’s Frank Family Vineyards for $315 million. Continue reading →
Posted in News on November 17, 2021Treasury Renews Multi-State Distribution Agreement With Breakthru
Treasury Wine Estates and Breakthru Beverage have renewed their distribution partnership for three years. Continue reading →
Posted in News on November 16, 2021Treasury Wine Estates Posts Double-Digit U.S. Gains As Premiumization Effort Continues
Treasury Wine Estates (TWE) revealed a solid set of numbers for its U.S. and global businesses last night, with overall revenues up 4.4% to A$2.6 billion ($1.86b) and EBITS rising 3.5% to A$510 million ($366m), even as the company navigated the global pandemic and prohibitive tariffs in the key Chinese market. Continue reading →
Posted in News on August 19, 2021Treasury Wine Estates Updates Market, Sees Rebound Ongoing
Treasury Wine Estates has released updated guidance for its fiscal year ending in June, with the company expecting EBITS to be in the range of A$495 million ($382m) to A$515 million ($398m), down from A$534 million ($412m) last year. Continue reading →
Posted in News on May 13, 2021News Alert: RNDC To Handle Over One-Third of Treasury Wine’s U.S. Business
Treasury Wine Estates has announced an expansion of its partnership with second-ranked U.S. distributor Republic National Distributing Co. (RNDC). Continue reading →
Posted in News on May 3, 2021
