Endeavour Group says it will sell most of its winery and vineyard portfolio as part of a $300 million savings plan.
The company plans to deliver $300 million in savings by fiscal 2029, with a third expected by the end of 2027. It said it will exit the majority of its existing winery and vineyard portfolio, including Chapel Hill, Oakridge and Josef Chromy.
1h ago · 1 source
Coverage
- Endeavour Group to sell wineries in $300 million savings push
Harry Booth / inside_fmcg · 1h ago