Meditrina Beverages, a drinks company newly created by the Taliano family, is acquiring the assets of Warburn Estate, a winery located in the Riverina region of the Australian state of New South Wales.
The deal, which is set to be concluded by March, includes the land, plant, equipment, trademarks and intellectual property, as well as the cellar door.
Warburn Estate was established in 1968 and is described one of Australia’s leading family-owned wineries.
Commenting on the deal, Antonio Sergi of Warburn Estate said: “We welcome the Taliano family into the wine industry and know their passion for agricultural based business in the local region, the brands and history of the company will continue under their family ownership. We know that they will have great success in this region and beyond”.
“We have great respect for the Sergi family and the impact they have had on the Australian wine industry”, Meditrina Beverages managing director Anthony Taliano added. “We are committed to honouring the Sergi legacy as we bring their portfolio of outstanding wines into our very own”.
Source: Warburn Estate