Australian Vintage Limited
Encyclopedia
Australian Vintage Limited (AVL) is an Australian wine
company. It was known as McGuigan Simeon Wines until February 2008, when shareholder
s voted to change the name. The company produces and exports bulk and bottled wine, and is the second largest vineyard
owner and manager in Australia
. As of 2007, Australian Vintage had 567 employees and over $286 million in sales.
Company Overview
Responsible for the management of Australian Vintage is the Chief Executive Officer, Neil McGuigan and Chief Financial Officer and Company Secretary, Michael Noack
. AVG is a vertically integrated wine company with interests in vineyard management and development, wine production, packaging, marketing and distribution. AVG's brands include McGuigan, Miranda, M, Nepenthe and Passion Pop. The group has wineries in South and South East Australia, including Buronga Hill, Hunter Valley and Barossa Valley. AVG produces over 10% of total Australian annual production and exports over 2M cases of wine to New Zealand, Asia, North America, the UK and Europe.
Company History
The company listed on the ASX in 1992 and progressively acquired vineyard, production and distribution assets, including McGuigan Winery (1993), Broken Back Winery (1994), Hermitage Road Winery (1996), Simeon Wines (2002), Miranda Wines (2003) and Nepenthe (2007). The merger with Simeon Wines created a company with six wineries, production capacity of 127M litres per annum and management of 3,860 hectares of vineyards. In January 2008, McGuigan Simeon re-branded as Australian Vintage Limited.
Differentiating Factor
AVG is the second largest vineyard owner and manager in Australia. AVG specialises in both branded and contract winemaking on boutique and scale levels. AVG has relationships with Tesco in the UK and E&J Gallo in the US. AVG also has exclusive distribution relationships with the UK's drinks distributor, Waverley TBS, and Groupe LFE in the Netherlands.
Australian wine
The Australian Wine Industry is the fourth largest exporter of wine around the world, with 760 million litres a year to a large international export market and contributes $5.5 billion per annum to the nation's economy...
company. It was known as McGuigan Simeon Wines until February 2008, when shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
s voted to change the name. The company produces and exports bulk and bottled wine, and is the second largest vineyard
Vineyard
A vineyard is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice...
owner and manager in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
. As of 2007, Australian Vintage had 567 employees and over $286 million in sales.
Company Overview
Responsible for the management of Australian Vintage is the Chief Executive Officer, Neil McGuigan and Chief Financial Officer and Company Secretary, Michael Noack
Michael Noack
Michael Noack is the current Chief Financial Officer of Australian Vintage Limited. Michael Noack is the current Chief Financial Officer (CFO) of Australian Vintage Limited. Michael Noack is the current Chief Financial Officer (CFO) of Australian Vintage Limited. (formerly known as Mcguigan Simeon...
. AVG is a vertically integrated wine company with interests in vineyard management and development, wine production, packaging, marketing and distribution. AVG's brands include McGuigan, Miranda, M, Nepenthe and Passion Pop. The group has wineries in South and South East Australia, including Buronga Hill, Hunter Valley and Barossa Valley. AVG produces over 10% of total Australian annual production and exports over 2M cases of wine to New Zealand, Asia, North America, the UK and Europe.
Company History
The company listed on the ASX in 1992 and progressively acquired vineyard, production and distribution assets, including McGuigan Winery (1993), Broken Back Winery (1994), Hermitage Road Winery (1996), Simeon Wines (2002), Miranda Wines (2003) and Nepenthe (2007). The merger with Simeon Wines created a company with six wineries, production capacity of 127M litres per annum and management of 3,860 hectares of vineyards. In January 2008, McGuigan Simeon re-branded as Australian Vintage Limited.
Differentiating Factor
AVG is the second largest vineyard owner and manager in Australia. AVG specialises in both branded and contract winemaking on boutique and scale levels. AVG has relationships with Tesco in the UK and E&J Gallo in the US. AVG also has exclusive distribution relationships with the UK's drinks distributor, Waverley TBS, and Groupe LFE in the Netherlands.
External links
- ECnext.com, Wright Reports – Australian Vintage Limited – Company Profile Snapshot.