Treasury Wine Estates is restructuring into four regional divisions and reshuffling its executive team as Penfolds depletions surge in China and the US business returns to growth.
Specialist contract processing winery, Winemasters SA, has gone into administration after the site failed to sell. Hall Chadwick partners, Brent Kijurina and David Trim, have been appointed administrators.
George Weston Foods' (GWF) new Mauri flour mill in Ballarat is nearing completion after three years of construction, with the facility expected to be operational by the end of 2026. The Victorian government is supporting the project, which was initially announced in 2022, under its $150 million Victorian Investment Fund.
