30th May 2023 Yealands
CEO Tiffani Graydon says the company now has its own brand in 350 Tesco stores, as it transitions from supplying overseas retailers with wine for private label.
Yealands Wine Group has won two golds at the 2022 International Green Apple Awards for its Biodiversity Plan.
The sustainability linked loan of up to $96m from ASB is to “support growth plans” at the Blenheim-based winemaker.
A deal for Yealands will follow two other separate industry transactions underway for New Zealand wine businesses.
Marlborough Lines is looking to sell down its investment in Yealands Wine Group and reinvest the money in its electricity lines business.
Yealands chief winemaker Nat Christensen has echoed his peers reporting on a challenging 2021 harvest alongside expectations of a stellar vintage.
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