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A new global wine investment house has been formed.

A new global wine investment house has been formed. Global Wine Partners LLC, an investment bank created by founders of California-based wine business consultancy MKF Group, is merging with Australia-based International Wine Investment Fund and an Australian affiliate to form a wine investment house to be traded on the Australian Stock Exchange. The new company, International Wine Investments Ltd, is a combination of Global Wine Partners with the fund and Sydney-based Berren Asset Management, already the fund's investment manager. The 15-year-old fund has invested more than A$200 million in wine, vineyard, and distribution operations in the U.S., Europe, and Australia. Vic Motto, chairman and CEO of Global Wine Partners and a founder of MKF, will be executive director of the new group. Earlier this year, MKF Group merged with International Wine Consultants Pty Ltd. to form Global Wine Partners.
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Title Annotation:new International Wine Investments Ltd.
Comment:A new global wine investment house has been formed.(new International Wine Investments Ltd.)
Publication:Food & Drink Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 27, 2004
Words:141
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