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CHINA DEMAND FUELS EXPANSION

by / Comments Off on CHINA DEMAND FUELS EXPANSION / 5 View / November 8, 2019

SEPPELTSFIELD Wines, one of Australia’s leading wine exporters to China, has boosted its fruit intake by purchasing the 320ha Tanunda Hill vineyard in the Barossa.
The purchase brings Seppeltsfield Wines’ vineyard holdings in the region to what it says makes it the largest owner of premium vineyards in the region’s history.
Seppeltsfield is part of the Randall Wine Group, which also owns almost 1600ha of vineyards in South Australian wine regions McLaren Vale and Clare Valley.
Located in the heart of the Barossa, Seppeltsfield dates back to the 1850s. Seppeltsfield also opened a wine chateau in China in 2017 in a joint venture with Minquan Jiuding Wine Company Ltd. It is the first Chinese chateau to have a part ownership stake by an Australian winemaker.
Seppeltsfield Wines executive chairman Warren Randall said the recent acquisition of the Tanunda Hill vineyards from a private investment group made two clear statements of intent. “Our belief in the importance of the Barossa as Australia’s premier winemaking region, and our strong desire and commitment to supply the burgeoning demand for luxury Australian red wine in China,” Randall said.