A RIVERLAND-based co-operative and local winery giant have now selected an independent industry expert to oversee winegrape prices through a dispute process aimed at breaking the deadlock.
MANY local winegrape growers are in limbo after Riverland-based co-op CCW rejected Accolade Wine’s 2019 vintage price offers.
THE CEO of the region’s largest wine-grape growers’ co-op says a US private equity investor’s acquisition of Accolade Wines, which owns Berri Estates, is a “positive” for Riverland stakeholders.
The Carlyle Group announced last week that it had completed its 100 per cent acquisition of Accolade Wines and appointed former Murray Goulburn CEO Ari Mervis as the new executive chairman.
A FRUSTRATED local wine-grape grower is concerned Accolade, which operates the Berri Winery, will fall short of paying $400 a tonne for high-volume red wine varieties.