Australian Vintage

Australian Vintage
Australian Vintage Limited
Industry Wine
Key people
  • Neil Mcguigan, CEO[1]
  • Michael Noack, CFO, Company Secretary
  • Ian D Ferrier (Chairman, Director)[2]
  • Richard Davis (Director)
  • Perry R. Gunner (Director) Mr Brian J McGuigan (Director)

Australian Vintage Limited (AVL) is an Australian wine company. It was known as McGuigan Simeon Wines until February 2008, when shareholders voted to change the name.[3] The company produces and exports bulk and bottled wine, and is the second largest vineyard owner and manager in Australia.[4] As of 2007, Australian Vintage had 567 employees and over $286 million in sales[citation needed].

Company Overview

Responsible for the management of Australian Vintage is the Chief Executive Officer, Neil McGuigan and Chief Financial Officer and Company Secretary, Michael Noack.[5] AVG is a vertically integrated wine company with interests in vineyard management and development, wine production, packaging, marketing and distribution. AVG's brands include McGuigan, Miranda, M, Nepenthe and Passion Pop. The group has wineries in South and South East Australia, including Buronga Hill, Hunter Valley and Barossa Valley. AVG produces over 10% of total Australian annual production and exports over 2M cases of wine to New Zealand, Asia, North America, the UK and Europe.[6]

Company History

The company listed on the ASX in 1992 and progressively acquired vineyard, production and distribution assets, including McGuigan Winery (1993), Broken Back Winery (1994), Hermitage Road Winery (1996), Simeon Wines (2002), Miranda Wines (2003) and Nepenthe (2007). The merger with Simeon Wines created a company with six wineries, production capacity of 127M litres per annum and management of 3,860 hectares of vineyards. In January 2008, McGuigan Simeon re-branded as Australian Vintage Limited.[7]

Differentiating Factor

AVG is the second largest vineyard owner and manager in Australia. AVG specialises in both branded and contract winemaking on boutique and scale levels. AVG has relationships with Tesco in the UK and E&J Gallo in the US. AVG also has exclusive distribution relationships with the UK's drinks distributor, Waverley TBS, and Groupe LFE in the Netherlands.[8]


References

  1. ^ "Australian Vintage Ltd (AVG)". ASX.net.au. http://www.asx.net.au/asx/research/companyInfo.do?by=asxCode&asxCode=AVG. 
  2. ^ Australianvintage.com.au
  3. ^ "McGuigan rejects grower view on new name". ABC News. 5 February 2008. http://www.abc.net.au/news/stories/2008/02/05/2154506.htm. Retrieved 28 May 2011. 
  4. ^ "McGuigan Simeon Wines Limited homepage". http://www.mswl.com.au/category.php?category_id=2. Retrieved 28 May 2011. 
  5. ^ http://www.google.com/finance?client=ob&q=ASX:AVG
  6. ^ http://www.investsmart.com.au/shares/asx/Australian-Vintage-AVG.asp
  7. ^ http://www.investsmart.com.au/shares/asx/Australian-Vintage-AVG.asp
  8. ^ http://www.investsmart.com.au/shares/asx/Australian-Vintage-AVG.asp

External links


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