KKR’s Spurned Offer for Treasury Puts Focus on Penfolds
date:Jul 15, 2014
ears.

Following a flurry of acquisitions in the past three decades, Penfolds is now in the same stable as more mass-market Treasury brands such as Lindemans, Rosemount Estate and Wolf Blass in Australia and Beringer Vineyards in California.

Approaching Perfection

Penfolds and its Grange wine are at the top end of the range. Grange, first produced in 1951, has built a record that led US critic Robert Parker in online tasting notes to describe it as by many accounts the most renowned Australian
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