Australian wine firms announce merger

Australian producers Wine Insights and Cumulus Wines have merged to “capitalise on changing market and sector conditions and emerging market opportunities.” The merger brings together brands including Rolling and Climbing from New South Wales, Moss Bros from Margaret River, The Riddoch Run from Coonawarra and multi-regional brands Beelgara Estate and The Habitat. It creates a combined gross revenue of AUD$20 million (£9.6m) with sales of over 400,000 cases of wine across 27 markets.