The Carlyle Group completed the acquisition of Accolade Wines for A$974m.

The Carlyle Group completed the acquisition of Accolade Wines, an Australia-based wine company distributor and seller, for A$974m. "We see significant growth potential for Accolade Wines in major wine markets, supported by a portfolio of prominent brands. With our expertise in the consumer sector and access to a global network, we look forward to working with the management team to support the company’s Asia growth strategy and the continued development of its business," David Bluff, The Carlyle Group Managing Director.