Treasury Wine Estates, one of the world’s largest wine companies, has announced an agreement to acquire Frank Family Vineyards including the historic winery, brand and vineyard holdings.

Logistics companies within the global drinks industry have been battered by an unprecedented confluence of headwinds during the past 18 months.

Treasury Wine Estates has appointed John Grant as managing director of its Beringer Brand Business Unit.

Bacardi Global Travel Retail has appointed Mike Birch to the role of managing director.

Foster’s Group has announced a proposal to demerge Treasury Wine Estates at a cost of AU$151m.

French wine barrel manufacturer, Groupe Charlois, has expanded into the US with the purchase of Winemakers Cooperage (WC) from Treasury Wine Estates.

Treasury Wine Estates brand Coldstream Hills has completed a $5m upgrade of its winemaking facilities

Langton’s Classification, the quinquennial (occurring every five years) guide to Australia’s best performing and most prized wines, has been published.

The Foster’s Group (Foster’s) board of directors has rejected an offer for its Treasury Wine Estates. Foster’s received an “unsolicited expression of interest” from an international private equity firm to acquire the wine assets of Treasury Wine Estates. The proposal involved a cash consideration of between $2.3billion and $2.7billion for 100% of the assets.