Home "Some in the wine industry need to acknowledge that businesses need to make money" - just-drinks talks to CHAMP CEO John Haddock
 

Keywords :   


"Some in the wine industry need to acknowledge that businesses need to make money" - just-drinks talks to CHAMP CEO John Haddock

2018-04-05 15:29:00| Daily beverage news and comment - from just-drinks.com

Earlier today, Australian private equity group CHAMP announced the divestment of Accolade Wines to The Carlyle Group for AUD1bn (US$768m). The news marks the end of CHAMP's association in wine, which started in 2011 when it bought 80% of Constellation Brands' Australian and UK wine operations for AUD290m (then-US$290m). Having spoken to CHAMP CEO John Haddock at the time of the purchase, it seemed only right for just-drinks to grab him for one final chat, to find out what CHAMP is passing over, why they're selling and what wine lessons the group learnt over the last seven years.

Tags: to make money john

Category:Food and Related Products

Latest from this category

All news

»
04.11Tropical Depression Eighteen Graphics
04.11Tropical Depression Eighteen Public Advisory Number 4A
04.11Remnants of Patty Graphics
04.11Atlantic Tropical Weather Outlook
04.11Eastern North Pacific Tropical Weather Outlook
04.11Paper Excellence Group Rebrands as Domtar
04.11Registration Open for 2025 Waterborne Symposium
04.11ROSS Ribbon Blenders Provide Safe, Efficient Bulk Blending
More »