Australian drinks and hospitality business Endeavour Group has acquired Shingleback Wine in McLaren Vale, South Australia.
“We are thrilled to add Shingleback Wine to our Paragon Wine Estates as part of our strategy to grow our premium wine portfolio,” director of Endeavour Group’s Pinnacle Drinks arm, Paul Walton said.
“Shingleback Wine has been producing beautifully rich and full-flavoured wines for 25 years, and we look forward to continuing to offer it to wine lovers in Australia and around the world as part of Paragon Wine Estates,” he added.
Shingleback was founded in 1997 by brothers Kym and John Davey, combining their love of winemaking, farming and business.
“As a long-term, proud supplier to Endeavour Group, we know that the Shingleback family of wines has a bright future as part of Paragon Wine Estates. We are very proud of our team’s stellar achievements over the last 25 years and are confident that Endeavour Group has the passion, people and capacity to continue to build on that success,” said Kym and John Davey.
The acquisition includes the Shingleback Wine brand portfolio, a long-term lease of the McLaren Vale cellar door and an ongoing grape supply agreement.
The addition of Shingleback Wine expands the Paragon Wine Estates regional coverage to include award-winning brands across six premium key wine regions in Australia and New Zealand; Oakridge Wines (Yarra Valley), Chapel Hill (McLaren Vale), Krondorf (Barossa Valley), Riddoch (Coonawarra), Josef Chromy Wines (Tasmania) and Isabel Estate (Marlborough, NZ).
Paragon Wine Estates is part of Endeavour Group’s products and services arm Pinnacle Drinks.