An established, vertically integrated wine business.
The Byrne Group, a 3rd Generation, family-owned South Australian enterprise – grower, producer and marketer - is offering its assets to the market through Colliers International Rural & Agribusiness.
The assets cover 2066 ha across multiple titles, including several vineyards in the Riverland and Clare, an established wine business producing classic Australian wines and the luxury Scotts Creek eco-tourism retreat.
The large-scale Riverland vineyards are Scotts Creek vineyards (approximately 277 hectares) on Brenda Park Station and Glenrun vineyards at Devlin’s Pound (approximately 91 hectares); the smaller scale Clare vineyards are Thomsons (approximately 32 hectares) and White Hut (approximately 16 hectares) vineyards.
These are all expertly managed and maintained under efficient and sustainable practices, with total annual wine grape production averaging around 5000 tonnes.
“This is an excellent opportunity,” said Tim Altschwager, National Director of Transaction Services at Colliers International, who is facilitating the sale in conjunction with Nick Dean.
“It’s rare for a family owned asset of this scale and quality to hit the market. We expect the opportunity to acquire or invest in a growing wine business will generate strong enquiry from local, national and international wine industry participants, hospitality/wine tourism operators, and investors.”
“The Byrne Group processes about 3000 tonnes to service multiple established brands, tailored for different markets around the world. Byrne has developed strong trading relationships internationally and currently supplies wines to fifteen countries,” added Nick Dean, National Consultant to the Wine Industry at Colliers International.
“Wine is exported to the UK, Europe, Scandinavia, Asia, and North America with many of its estate produced wines having received international acclaim.”
Byrne is in a growth phase having seen a 50% revenue increase over the last 2 years with plans to double revenue in the next 5 years, through growing the business and assisting new ownership to take advantage of the upswing in the Australian wine industry.
Business growth plans include the expansion of the Scotts Creek luxury eco-wine tourism retreat, encompassing the historic Scotts Creek wetlands and approximately 1.4km of Murray River frontage, highlighting the fascinating indigenous and early colonial significance of the site.
Three luxury eco-suites are completed with approvals in place for a further 17, taking the total to 20 eco-suites. The Scotts Creek wetland is one of South Australia’s largest natural wetland environments and home to many rare and endangered native flora and fauna including wombats and a rich diversity of birdlife.
“Byrne is a recognised leader in environmental sustainability with a strong commitment to research and innovation. It has received environmental awards for excellence in water management and for sustaining the natural environment,” said Tim Altschwager. “The market for wine industry assets is tightening. Assets of this scale and calibre don’t come around often.”
The Byrne Group wine business and assets is being offered to the market via a public Expressions of Interest campaign, closing December 12, 2017.