Business
Treasury Wines licenses out US brands in $100 million deal – Sydney Morning Herald
Treasury Wine Estates has announced it will license $100 million worth of its US brands to major US wine producer The Wine Group.
Major winemaker Treasury Wine Estates has announced it will license $100 million worth of its US brands to major US wine producer The Wine Group as part of an ongoing revitalisation of the companys American operations.
Treasury told investors on Wednesday it had struck a deal with The Wine Group, which is the worlds second-largest wine producer, which will see it license Treasurys Beringer Main & Vine, Beringer Founders Estate, Coastal Estates and Meridian brands in the Americas.
Treasury Wines…
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