Yellow Tail vineyard sale
Australian producer Yellow Tail, the world's most recognisable wine brand, is planning on selling their 7258ha of vineyards in Australia.
The vineyards are located in over 35 sites in South Australia and New South Wales and include premium regions such as Barossa Valley, Clare Valley, Langhorne Creek, Limestone Coast and the Riverina.
Yellow Tail is owned by the Casella Family Brands and is Australia’s largest family-owned wine company, founded in 1969. They are planning to sell the vineyards as a single lot with the long term purchase contracts for the grapes from the vineyards.
