How much is Casella wines worth?

How much is Casella wines worth?

Casella Wines had net assets worth $473.5 million as at June 30, including wine inventory worth $227.6 million and property, plant and equipment worth another $140.9 million.

Who owns Casella Family Brands?

the Hess Group
Casella Family Brands, best known as the maker of Yellow Tail, offered $1.31 per share for the winery and brand. The majority owner, the Hess Group, announced Wednesday it intends to accept the offer, which amounts to $49.5 million in U.S. dollars.

Is Yellow Tail wine Australian owned?

From its launch in 2001, [yellow tail] has grown to be one of the world’s most recognisable wines. Today, [yellow tail] is made by the sixth generation winemaker of the Casella family at the family-owned winery in Yenda, Australia. [yellow tail] is a wine that is easy to drink, share and most importantly, enjoy.

Who started Yellow Tail wine?

Founder John Casella
Yellow Tail Founder John Casella in one of his family’s vineyards. The Managing Director of Casella Family Brands, Casella dreamed up Yellow Tail 20 years ago with a mission to make wine that people could enjoy on a regular basis without relying on the perceived complexity of wine.

How much is the Oatley family worth?

Sandy Oatley & family – $1.07bn – Oatley and his family inherited its wealth from Bob Oatley, who the AFR describe as “a sailing, wine and tourism legend”.

Where is barefoot wine made?

Modesto, California
Located in Modesto, California, Barefoot Wines was originally created in the early 1960s by Davis Bynum in Alameda County, just east of San Francisco. He produced and sold Barefoot Bynum wines for almost 10 years, at which time he decided to focus on premium Pinot Noir from the Russian River Valley.

Is Yellow Tail really wine?

Yellow Tail is actually one of the top-selling wine brands in the world, and for good reason (via Biz Vibe). Their range of 20+ wines is approachable and delicious for most palates, no matter the taste profile preferences.

How much did Bob Oatley buy Hamilton Island for?

about $200 million
Before getting into the wine business, Mr Oatley had success as an exporter of Papua New Guinean coffee and cocoa beans around the world. He bought Hamilton Island in 2003 for about $200 million and spent more than $350 million on its redevelopment.

Where do the Oatley family live?

Hamilton Island
Not only do the Oatley family own Hamilton Island, but they also own the famous Wild Oats XI yacht. The 100 ft long ocean racing thoroughbred is known for its record-breaking nine line honour wins in the Rolex Sydney to Hobart Yacht race.

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