EVAN & TATE SHED ANOTHER WINERY

Australian wine company Evans & Tate has put their Oakridge vineyard up for sale so they may focus on their premium wine business in order to grow sales. John Hopkins, E & T chairman, stated, “Evans & Tate’s roots and competitive strengths are in the premium wine sector. While Oakridge wines are of exceptional quality, its limited capacity does not fit the company’s strategy of competing in the domestic and international markets.” This is the second winery E & T has put up for sale after UK beverage group Neqtar bought Mildura earlier this month for $15.5 million.