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Treasury Wine Estates (TWE) has agreed to sell Seppelt to Stonier CEO and co-owner Aaron Drummond and partners, the latest step in its plan to cut its brand portfolio from 76 to fewer than 30. The deal includes the Seppelt brand, the Great Western winery and cellars, and the Drumborg vineyard. No price was disclosed.
When the Advanced Manufacturing Growth Centre (AMGC) recently unveiled its new $10 million SME Industrial Decarbonisation Fund, the reaction across Australian industry was immediate. Alongside constructive questions about practicality and timing, one message came through clearly: manufacturers are paying close attention to the opportunity.
Australian fresh-food and specialty-coffee brand Soul Origin plans to more than double its network from 178 locations across Australia and NZ to about 400 locations globally over the next decade.
