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New Deal


Announced

Endeavour Drinks acquires Chapel Hill.

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breweries

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Australia

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wine brewer

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Acquisition

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Endeavour Drinks, a leading beverage retailer, acquires leading McLaren Vale winery Chapel Hill. Financial terms were not disclosed. Chapel Hill will become part of the newly formed, Paragon Wine Estates, which will also house Endeavour Drinks’ existing portfolio of premium and regional wine brands. “Over the past five years, we have enjoyed a very close and successful working relationship with Endeavour Drinks. The team at Chapel Hill now enthusiastically look forward to working with the Endeavour team to continue to enhance the wonderful reputation and pedigree that Chapel Hill has garnered since it was established in 1971.” Michael Fragos, Chapel Hill Chief Winemaker and CEO.

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