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27 Apr 2024

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FWL - Results of FWL 2023 Annual Meeting
At Foley Wines Limited’s Annual Meeting of Shareholders, held in Martinborough today, shareholders were asked to vote on three ordinary resolutions, all of which were supported by the Board

Foley Wines Limited Update
Foley Wines Limited [NZX: FWL] CEO Mark Turnbull today announced that the company has completed its harvest for the 2023 vintage. The harvest totalled 8,137 tonnes across the Marlborough, Martinborough and Mt Difficulty wineries

Marlborough Lines looking to sell down investment in Yealands Wine Group
Marlborough Lines is looking to sell a stake in Yealands Wine Group and reinvest the money in its electricity lines business.Marlborough Lines bought a majority stake in Yealands Wines for $89 million in 2015, promoting it at the...

Foley Wines Limited Update
Foley Wines Limited [NZX: FWL] CEO Mark Turnbull today announced that the Company has almost completed its harvest for the 2022 vintage. Currently the Company has harvested 9,085 tonnes and there are approximately 100 tonnes still to be harvested

Foley Wines Limited (NZX: FWL) Half Yearly Report to 31 December 2020
Foley Wines Limited today announced a 5.8 % decrease in reported after tax profit of $2,566,000. New Zealand performed well notwithstanding the challenges of Covid-19 with case sales up 8 % to 92,000. The key December period in particular was a standout

Online market place launched to sell wines to would be foreign tourists
Wineries suffering from the lack of tourists will be able to sell direct to consumers overseas through a new online platform.

Nobilo brand bought by world's largest family owned winery
Gallo Winery has permission to buy Nobilo wines from Constellation Brands.

Foley Wines Limited Announces Harvest Result, Earnings Outlook and Development in Martinborough
Foley Wines Limited [NZX: FWL] CEO Mark Turnbull today announced that the company has completed its harvest for the 2020 vintage

Foley Wines Limited (FWL) Directors Nominations Announced
The Chief Executive Officer, Mr Mark Turnbull, announced today that the Nominations as Directors of Foley Wines Limited (FWL) will close at 5.00 pm on Friday 22 September 2023.

Robertson family to sell Wairarapa's Dry River Wines to Wellington businessman
The American family of the late billionaire Julian Robertson are selling the New Zealand winery investment business Dry River Wines to a Wellingtonian.Jay Robertson, chief executive of Robertson Lodges and a spokesman for the family,...

Upmarket restaurant business Nourish Group sold: Foley Holdings NZ revealed as buyer
Major upmarket national hospitality business Nourish Group has been sold in a private deal announced this morning.Mark Turnbull, a director of Foley Holdings NZ and chief executive of NZX-listed Foley Wines, said the holding company...

Foley Wines' harvest to rise 65pc, new vineyard purchase approved
NZX-listed Foley Wines' grape harvest is forecast to be up 65 per cent annually and the business has consent to buy a Central Otago vineyard as well as building at another property.Chief executive Mark Turnbull made the three announcements...

Foley Wines Limited Half Yearly Report to 31 December 2020
Foley Wines reports a positive result with continued premiumisation, despite global challenges. Case sales 278,000 (down 1%)

Driving force behind Babich Wines: West Auckland vintner Joe Babich dies
West Auckland winemaker Joe Babich ONZM, son of the founder of the business which started 106 years ago, has died.Joseph Frank Babich has been praised as a respected vintner and businessman, an early leader in contemporary winemaking...

Auckland murder: Victim Elizabeth Zhong's vineyard company Carrick Wines $12m in debt
An Otago vineyard owned by a murdered Auckland woman owed more than $12 million when it went into receivership.Carrick Wines Ltd, in Bannockburn, was owned by 55-year-old Elizabeth Zhong, who was found dead in the boot of her car...