Australia: Endeavour Group restructures Pinnacle business
Endeavour Group, the Australian retail drinks and hospitality business, has announced a strategic transformation of its Pinnacle Drinks business. The asset-light, customer-led restructuring will refocus the portfolio on brands and regions that generate the strongest returns. As part of the strategy, the company will cut its own grape production by more than 80%, resulting in […]
Australia: Endeavour Group to acquire Cape Mentelle Winery
Endeavour Group, which claims to be Australia’s leading retail drinks and hospitality business, has announced it has reached an agreement with global alcoholic drinks firm Moet Hennessy to acquire winemaker Cape Mentelle Winery. Located in Western Australia’s Margaret River, Cape Mentelle Winery was established in 1970 as one of the founding five wineries of The […]
Australia: Endeavour Group acquires Shingleback Wine
Australian alcoholic drinks retailer and hospitality business Endeavour Group has announced the acquisition of Shingleback Wine from McLaren Vale, South Australia. According to sources, the agreement includes the Shingleback Wine brand portfolio, a long-term lease of the McLaren Vale cellar door and an ongoing grape supply agreement. Shingleback was founded in 1997 by Kym and […]