Accolade Wines

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Template:Short description Template:Use Australian English Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherTemplate:Main otherScript error: No such module "Check for clobbered parameters".Script error: No such module "Check for unknown parameters". Accolade Wines is an international wine business with its headquarters in South Australia and corporate offices in Melbourne.[1] It has been owned by the Carlyle Group, an American private equity company, from 2018[2][3] until 2025 when the business merged with Pernod Ricard Winemakers to form the company Vinarchy[4] after the sale of its portfolio to Australian Wine Holdco, a consortium of international investment investors comprising Bain Capital, Intermediate Capital Group, Capital Four, Sona Asset Management, and Samuel Terry Asset Management.[5]

Accolade, which predominantly uses the Hardy's label, was one of the worlds largest winemakers, having more than 1700 employees around the world, with operations in North America, the United Kingdom, Ireland, mainland Europe, South Africa, Australia, New Zealand and Asia. As of 2022 it was ranked the second largest Australian wine company by production[6] and second largest in terms of total revenue.[7]

History

Thomas Hardy and Sons

File:Thomas Hardy & Sons Wine Cellars, Mile End.JPG
Former Thomas Hardy & Sons Ltd Wine Cellars, 1893, at Mile End

Accolade Wines traces its beginning to Thomas Hardy and Sons, a company founded in 1853 which grew to become Australia's largest winemaker. The company headquarters are in Old Reynella, South Australia.

At 20 years of age, Thomas Hardy arrived in South Australia after sailing from the English county of Devon in 1850. He worked at Reynella Farm for John Reynell, then drove cattle to the Victorian goldfields. Hardy used the money he had earned to purchase a property on the banks of the River Torrens, which he named 'Bankside'.[8][9] Shiraz and Grenache vines were planted on the Bankside property. Wine was sold locally and in England, and the profits enabled Hardy to buy the Tintara Vineyard Company about 1876. Hardy steadily expanded the company over the years, purchasing a bottling plant at Mile End, cellars on Currie Street in Adelaide, and a disused flour mill in McLaren Vale.[9]

In 1938, then chairman Tom Mayfield Hardy was killed in an aeroplane crash along with other leading South Australian winemakers. His cousin, Kenneth Hardy, became chairman.[10] In 1968, the company established extensive vineyards in the Padthaway area. In 1976, Thomas Hardy and Sons made its first corporate acquisition by purchasing the London-based Emu Wine Company, which included Houghton (Western Australia's largest winery) and Morphett Vale. In 1982, the company purchased Chateau Reynella, where Thomas Hardy had first worked, and converted it to its headquarters. In 1989, the company sold a portion of the Houghton Estate known as "Oakover Grounds" to a Swan Valley family. Further expansion came in 1992, when Thomas Hardy & Sons merged with Berri Renmano Limited to form what then became Australia's second largest wine group, BRL Hardy Limited.

In 2003, the brands of BRL Hardy and those of Constellation Brands were merged to create the world's largest international wine business.[11] BRL Hardy Limited was renamed The Hardy Wine Company. In 2006, Constellation Brands acquired Vincor International, adding the West Australian brands of Amberley and Goundrey to the Hardy portfolio. On 31 March 2008, The Hardy Wine Company changed its name to Constellation Wines Australia.Script error: No such module "Unsubst".

Accolade Wines: 2011- 2025

In February 2011, Constellation Brands sold 80 per cent of Constellation Wines Australia, along with sister company Constellation Europe, to CHAMP Private Equity. Constellation Brands retained a 20% stake in the newly named Accolade Wines.[12] In October 2015, Accolade sold its 50% share to British drinks distributor Matthew Clark.[12][13][14] In November 2016, the company acquired the Australian premium wine portfolio (Fine Wine Partners) of beverage giant Lion.[15][16]

In March 2017, CHAMP Private Equity scrapped its plans to float Accolade on the Australian Securities Exchange. The decision was made after overtures from potential Chinese buyers, and a drop in the value of the British pound due to Brexit.[17] Until 2018, the company was 80 per cent owned by the Australian private equity firm CHAMP Private Equity and 20 per cent owned by the United-States-based alcohol giant Constellation Brands.[12] 100% of the company was sold to the Carlyle Group in 2018.[2] In October 2019, Accolade divested itself of the historic vineyards and buildings at the Houghton Estate in the Swan Valley to move production of Houghton Wines to its Nannup facility.[18] The site was purchased by the Yukich family that had previously purchased the Oakover Grounds portion of the estate. The old Houghton site is now known as Nikola Estate.

In 2025, Accolade Wines merged with Pernod Ricard Winemakers to form the company Vinarchy following the sale of both portfolios to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors which comprises funds backed by Bain Capital, Intermediate Capital Group, Capital Four, Sona Asset Management, and Samuel Terry Asset Management.[5]

Operations

Accolade Wines sells its products in over 80 countries, including Australia, the United Kingdom, Ireland, Canada, the United States, Japan, China, and across Continental Europe.

It has branch offices in the United Kingdom (Weybridge and Bristol), Australia (Adelaide, Sydney, Brisbane, Perth and Melbourne), and South Africa (Stellenbosch), as well as in Moscow, Warsaw, Shanghai, Singapore, Beijing and California.

The business is the largest wine company by volume and value in the United Kingdom and Ireland, a highly-competitive market with thin margins.[12] Its popular brands there include:

  • Hardys, the number one Australian wine brand in the UK and a significant wine brand in mainland Europe,
  • Kumala, the UK's number one South African wine brand,[19]
  • Echo Falls, the third largest wine brand in the UK,
  • Stowells, the number one wine brand in the UK on-premises trade,
  • Banrock Station, the UK's number one environmentally friendly wine brand,
  • Wine fusions such as Stone's Ginger Wine, Ginger Joe alcoholic ginger beer and Babycham perry,
  • Californian brands such as Geyser Peak, Atlas Peak and XYZin, drawing on the Sonoma and Atlas Peak regions.

The chief executive from October 2015 to August 2016 was Paul Schaafsma, who previously worked for Australian Vintage. From August 2016 to April 2017, the CEO was former APAC GM of Sales, Michael East.Script error: No such module "Unsubst". The current Chief Executive Officer is Robert Foye, who was named CEO 1 May 2020.

Wine labels / Brands

Script error: No such module "Unsubst".

Winery/Brand Region Country External link Notes
Amberley Estate[20] Western Australia Australia [1]
Anakena[21] Chile [2] Acquired 2015[12]
Atlas Peak[22] Napa Valley North America [3]
Banrock Station[20] South Australia Australia [4] Custodian of Banrock Station Wetland Complex
Bay of Fires[20] Tasmania Australia [5]
Berri Estates[20] South Australia Australia [6]
Brookland Valley[20] Margaret River Australia [7]
Country Manor[23] United Kingdom
Croser[3] Australia
Da Luca[24] Italy
Drylands[25] Marlborough New Zealand [8] Agent only (for the Pacific, Japan and United Kingdom).[25]
Echo Falls[22] North America [9] Includes Fruit Fusion range released 2015[26]
Eddystone Point[20] Tasmania Australia [10]
Fish Hoek[27] South Africa [11]
Flagstone[27] South Africa [12]
Geyser Peak[22] Alexander Valley North America [13]
Ginger Joe[23] United Kingdom [14] Alcoholic ginger beer.
Goundrey[20] Western Australia Australia [15]
Grant Burge Wines[20] Barossa Australia [16] Acquired 2014.[15]
Gran Tierra[21] Chile [17]
Hardys[20] (various) Australia Named world's second strongest wine brand in 2008.[28]
Houghton[20] Swan Valley Australia
House of Arras Tasmania Australia [18] Sold off in August 2023[29]
Jack Rabbit[30] "Other"
Jam Shed South Australia Australia [19] brand from Leasingham
Knappstein[3] Clare Valley Australia From Lion
Kumala[27] South Africa [20] Template:Webarchive
Leasingham[20] Clare Valley Australia [21] Label only?[31]Template:Better source needed
Le Portail des CoteauxScript error: No such module "Unsubst".
Mezzomondo[24] Italy
Moondah Brook[20] Western Australia Australia [22]
Monkey Bay[25] New Zealand [23] Template:Webarchive Agent only (for the Pacific, Japan and United Kingdom).[25]
Mud House[25] (various) New Zealand [24]
Nobilo[25] New Zealand [25] Agent only (for the Pacific, Japan and United Kingdom).[25]
Omni[20] Australia [26]
Paul Masson Winery[22] North America Agent only (for Australia, Pacific, Japan, United Kingdom).[22]
Petaluma[3] South Australia Australia [27]
Ravenswood[22] North America [28] Agent only (for Australia, Pacific, Japan, United Kingdom).[22]
Renmano[20] Australia
Reynella[20] Australia
Robert Mondavi[22] North America [29] Agent only (for Australia, Pacific, Japan, United Kingdom).[22]
Rolf Binder Wines Barossa Valley Australia [30]
Stanley Wines[20] Australia
Starve Dog Lane[20] Australia [31]
St Hallett[3] Barossa Valley Australia From Lion
Stones[23] United Kingdom [32] Ginger wine
Stonier[3] Mornington Peninsula Australia https://www.stonier.com.au/
Stowells[30] (various) "Other" On-premise brand, sold in the UK, of wines from around the world.[30]
Ta Ku[25] (various) New Zealand [33]
Tatachilla[3] McLaren Vale Australia From Lion
TintaraScript error: No such module "Unsubst".
Turner Road[22] North America
Waipara Hills[25] Marlborough New Zealand [34]
William Hardy[32] South Australia Australia
Yarra Burn[20] Yarra Valley Australia Sparkling wine
XYZin[22][33] North America

See also

Script error: No such module "Portal".

References

Template:Reflist

External links

Template:Coord

Template:Langton's Classification of Australian Wine VI - Producers

  1. ↑ Script error: No such module "citation/CS1".
  2. ↑ a b Script error: No such module "citation/CS1".
  3. ↑ a b c d e f g Script error: No such module "citation/CS1".
  4. ↑ Script error: No such module "citation/CS1".
  5. ↑ a b Script error: No such module "citation/CS1".
  6. ↑ Script error: No such module "citation/CS1".
  7. ↑ Script error: No such module "citation/CS1".
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ a b Template:Cite Australian Dictionary of Biography
  10. ↑ Template:Cite Australian Dictionary of Biography
  11. ↑ Script error: No such module "citation/CS1".
  12. ↑ a b c d e Script error: No such module "citation/CS1".
  13. ↑ Script error: No such module "citation/CS1".
  14. ↑ Script error: No such module "citation/CS1".
  15. ↑ a b Script error: No such module "citation/CS1".
  16. ↑ Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".
  19. ↑ Script error: No such module "citation/CS1".
  20. ↑ a b c d e f g h i j k l m n o p q r Script error: No such module "citation/CS1".
  21. ↑ a b Script error: No such module "citation/CS1".
  22. ↑ a b c d e f g h i j k Script error: No such module "citation/CS1".
  23. ↑ a b c Script error: No such module "citation/CS1".
  24. ↑ a b Script error: No such module "citation/CS1".
  25. ↑ a b c d e f g h i Script error: No such module "citation/CS1".
  26. ↑ Script error: No such module "citation/CS1".
  27. ↑ a b c Script error: No such module "citation/CS1".
  28. ↑ Script error: No such module "citation/CS1".
  29. ↑ Script error: No such module "citation/CS1".
  30. ↑ a b c Script error: No such module "citation/CS1".
  31. ↑ Script error: No such module "citation/CS1".
  32. ↑ Script error: No such module "citation/CS1".
  33. ↑ Script error: No such module "citation/CS1".
Retrieved from "http://debianws.lexgopc.com/wiki143/index.php?title=Accolade_Wines&oldid=3487679"