Australian Wine HoldCo Limited - Pernod Ricard Winemakers Pty Ltd

Summary

Australian Wine HoldCo Limited, through its subsidiary Accolade Wines Australia Limited (Accolade), is seeking to acquire the Australian wine businesses of Pernod Ricard SA, which is currently operated by Pernod Ricard Winemakers Pty Ltd (PRW).

Australian Wine Holdco Limited is owned by a consortium of institutional investors, led by Bain Capital Special Situations.

Accolade owns wine brands including Berri Estates, Grant Burge, Petaluma, Hardys and St Hallett.

Pernod Ricard is an international wine and spirits producer and wholesaler that owns wine brands through its subsidiaries, including PRW in Australia. The acquisition relates to PRW’s BrandCo division, which owns and manages a portfolio of PRW’s Australian, New Zealand and Spanish wines including Campo Viejo, St Hugo, Church Road, Stoneleigh, and Jacob’s Creek.

Accolade and PRW both:

• acquire wine grapes from third parties in Australia
• supply wine processing, bottling, and packaging services, and
• supply wine at a wholesale and direct level.

Market inquiries

Submissions are invited from interested parties regarding Accolade’s proposed acquisition of PRW by 4pm AEST on 18 September 2024. 

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: "Submission re: Accolade / PRW". 

Following 18 September 2024, queries regarding the ACCC’s review may also be addressed to mergers@accc.gov.au.

For more details, please refer to the Market Inquiries letter published below.