Accolade snaps up Mud House and Waipara Hills

06 November, 2013

Accolade Wines has reached an agreement to buy New Zealand brands Mud House and Waipara Hills from the Mud House Wine Group.

The deal is subject to approval by New Zealand's Overseas Investment Office, which often takes three or more months to reach a decision.

Paul Schaafsma, general manager of Accolade Wines UK, said: “The Mud House acquisition significantly strengthens our new Zealand portfolio in the UK and Irish markets, it will give us even stronger leverage and greater flexibility to meet the needs of the buyers in the retail and on-trade sectors, and will round off our portfolio from the New World.”

Accolade will retain the current team, which will report to Accolade’s general manager for Australia and New Zealand Michael East, and take on all existing grower contracts under existing terms and conditions.

East said: “The suite of brands, which also includes Dusky Sounds, Haymaker and Skyleaf, covers outstanding wines from key regions: Marlborough for Sauvignon Blanc, Central Otago for Pinot Noir and aromatics from the Waipara Valley including Riesling and Pinot Gris.”

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