date:Jul 16, 2015
Wine Insights and Cumulus Wines, both based in Australia, have agreed to merge in an all-share deal to leverage synergies and take advantage of market opportunities.
The deal will see the merger of established brands such as Rolling and Climbing from Orange and Central Ranges, Moss Bros from Margaret River, The Riddoch Run from Coonawarra and multi-regional brands, Beelgara Estate and The Habitat.
The resulting entity will have combined gross revenue of over AUD20m across 27 markets.
But the