Is Accolade about to do something really silly in Tasmania.
Watch this space - I'll keep trying to get more on a tip-off I got O/S recently.
Accolade and it's Tasmanian operation.
Re: Accolade and it's Tasmanian operation.
Some things settling out. Could Chateau Reynella become a Bunnings store?
Could Accolade be shifting its Tasmanian operation back to Tintara - what happens to Ed Carr, one of Australia's greatest, yet most unheralded, winemakers. If Treasury were clever, they should snap him up. Meanwhile grab as much of the Carr and Arras sparklings as you can afford, especially those with many years tirage. Keep watching this space!
Could Accolade be shifting its Tasmanian operation back to Tintara - what happens to Ed Carr, one of Australia's greatest, yet most unheralded, winemakers. If Treasury were clever, they should snap him up. Meanwhile grab as much of the Carr and Arras sparklings as you can afford, especially those with many years tirage. Keep watching this space!
Re: Accolade and it's Tasmanian operation.
After hearing of CHAMP's previous ventures I was dreading there would be this sort of thing from this private equity firm - that said it was fairly predictable they would follow a similar path to the masters of Constellation before them. Ed Carr and his crew have put so much into the Tasmanian operations with such success, it seems an incredible waste if it's come to this.
It will be interesting to see what happens with what's left of Chateau Reynella - there was a fair bit of discussion about what the heritage listing was removed from at the time of the Stony Hill Vineyard fight, and if it still applies to Cellar One, the Chateau, and the pre-Phylloxera Reynella clone vineyards. I think it was established that none of the vineyards were covered which allowed for the destruction of Stony Hill - whether the other buildings are safe or they will be targeted along with the big shed out the back is another matter.
Thanks for the heads up Rick - for some reason I haven't heard/read much said about it here (although admittedly I have been out of action again the last couple of months with illness), it could be a sign the fighters of the cause in the Vales have been worn down after losing the fights for Stony Hill and Seaford Heights. There's still the prospect of Glenthorne Farm having to be fought for again too... things have been too quiet lately, which is when these things tend to sneak through when no one is looking.
Cheers,
Ian
It will be interesting to see what happens with what's left of Chateau Reynella - there was a fair bit of discussion about what the heritage listing was removed from at the time of the Stony Hill Vineyard fight, and if it still applies to Cellar One, the Chateau, and the pre-Phylloxera Reynella clone vineyards. I think it was established that none of the vineyards were covered which allowed for the destruction of Stony Hill - whether the other buildings are safe or they will be targeted along with the big shed out the back is another matter.
Thanks for the heads up Rick - for some reason I haven't heard/read much said about it here (although admittedly I have been out of action again the last couple of months with illness), it could be a sign the fighters of the cause in the Vales have been worn down after losing the fights for Stony Hill and Seaford Heights. There's still the prospect of Glenthorne Farm having to be fought for again too... things have been too quiet lately, which is when these things tend to sneak through when no one is looking.
Cheers,
Ian
Forget about goodness and mercy, they're gone.
Re: Accolade and it's Tasmanian operation.
Speaking with an old connection to Bay of Fires, it's not surprising. It's cost per litre for production costs would be far greater than the other Accolade wineries. Even taking into account the fact that it is all high value production, it probably fails the accountant's hurdles by a long shot.
As to what will happen to Ed Carr, etc. nothing would be my guess, the sparkling base used to leave as juice anyway, I assume that's still true and that the sale would incorporate contract juicing to maintain the lines. Ed would continue to make the wines where he always has - in SA. The whites would probably follow the same path - Pinot Noir is a question mark though.
As to what will happen to Ed Carr, etc. nothing would be my guess, the sparkling base used to leave as juice anyway, I assume that's still true and that the sale would incorporate contract juicing to maintain the lines. Ed would continue to make the wines where he always has - in SA. The whites would probably follow the same path - Pinot Noir is a question mark though.
Re: Accolade and it's Tasmanian operation.
WineRick wrote: If Treasury were clever, they should snap him up.
I wonder if he would go back? Hardys poached him from Southcorp
David J
Drink no longer water, but use a little wine for thy stomach's sake 1Ti 5:23
Drink no longer water, but use a little wine for thy stomach's sake 1Ti 5:23