[Image © Drinks Biz]
Originally Published: 02 AUGUST 2021
By: RNZ News
Marlborough-based wine company Indevin have agreed to buy 100 percent of the Villa Maria Estate, after its parent FFWL was placed into receivership in May, owing its bankers $212 million.
It concludes a nine-month process to find a suitor for the 50-year-old wine company, which had wineries and vineyards in Marlborough, Hawke’s Bay and Auckland.
