A family-owned wine company has bought a large facility in the Riverina to extend its global market reach.
Calabria Family Wines has acquired ownership of the Riverina facility, located in Griffith, NSW, for an undisclosed sum from The Wine Group (TWG).
The transaction includes purchase of the winery, cellar door, and warehousing.
General manager Michael Calabria expects the acquisition to help the company reach new markets globally within the wine industry.
The winery includes more than 18 million litres of storage capacity, 3000 square metres of cold store warehousing, and 22,000 tonnes of crushing capacity.
The purchase follows the Calabria family’s recent diversification into the Barossa Valley, where it operates three vineyards and a cellar door which will be opened in 2019.
The purchase of the TWG site means Calabria Family Wines now has a total storage capacity of more than 40 million litres and two bottling lines, with the capacity to produce over two million cases annually.