Formerly | Thomas Hardy and Sons BRL Hardy The Hardy Wine Company Constellation Wines Australia |
---|---|
Company type | Private equity |
Industry | wine |
Founded | 1853Old Reynella, South Australia, Australia | in
Headquarters | , |
Key people | Robert Foye, Chief Executive Officer [1] |
Brands | Amberley, Anakena, Arras, Atlas Peak, Banrock Station, Bay of Fires, Berri Estates, Brookland Valley, Country Manor, Da Luca, Echo Falls, Eddystone Point, Fish Hoek, Flagstone, Geyser Peak, Ginger Joe, Goundrey, Grant Burge, Hardys, Houghton, House of Arras, Jack Rabbit, Knappstein, Kumala, Leasingham, Le Portail des Coteaux, Mezzomondo, Moondah Brook, Mud House, Omni, Petaluma, Renmano, Reynella,Rolf Binder Wines, Sir James, St Hallett, Stanley, Stones, Stonier, Stowells, Ta Ku, Tatachilla, Tintara, Turner Road, Waipara Hills, William Hardy, Yarra Burn, XYZin. |
Parent | Carlyle Group |
Website | www |
Accolade Wines is an international wine business with headquarters in South Australia and corporate offices in Melbourne. [2] It has been owned by the Carlyle Group, an American private equity company, since 2018. [3] [4]
Accolade, which predominantly uses the Hardy's label, is one of the worlds largest winemakers, has more than 1700 employees around the world, with operations in North America, the United Kingdom, Ireland, mainland Europe, South Africa, Australia, New Zealand and Asia. As at 2022 it was ranked the second largest Australian wine company by production [5] and second largest in terms of total revenue. [6]
Accolade Wines traces its beginning to Thomas Hardy and Sons, a company founded in 1853 which grew to become Australia's largest winemaker. The company headquarters are in Old Reynella, South Australia.
At 20 years of age, Thomas Hardy arrived in South Australia after sailing from the English county of Devon in 1850. He worked at Reynella Farm for John Reynell, then drove cattle to the Victorian goldfields. Hardy used the money he had earned to purchase a property on the banks of the River Torrens, which he named 'Bankside'. [7] [8] Shiraz and Grenache vines were planted on the Bankside property. Wine was sold locally and in England, and the profits enabled Hardy to buy the Tintara Vineyard Company about 1876. Hardy steadily expanded the company over the years, purchasing a bottling plant at Mile End, cellars on Currie Street in Adelaide, and a disused flour mill in McLaren Vale. [8]
In 1938, then chairman Tom Mayfield Hardy was killed in an aeroplane crash along with other leading South Australian winemakers. His cousin, Kenneth Hardy, became chairman. [9]
In 1968, the company established extensive vineyards in the Padthaway area.
In 1976, Thomas Hardy and Sons made its first corporate acquisition by purchasing the London-based Emu Wine Company, which included Houghton (Western Australia's largest winery) and Morphett Vale.
In 1989 the company sold a portion of the Houghton Estate known as "Oakover Grounds" to a Swan Valley family.
In 1982, the company purchased Chateau Reynella, where Thomas Hardy had first worked, and converted it to its headquarters.
Further expansion came in 1992, when Thomas Hardy & Sons merged with Berri Renmano Limited to form what then became Australia's second largest wine group, BRL Hardy Limited.
In 2003, the brands of BRL Hardy and those of Constellation Brands were merged to create the world's largest international wine business. [10] BRL Hardy Limited was renamed The Hardy Wine Company.
In 2006, Constellation Brands acquired Vincor International, adding the West Australian brands of Amberley and Goundrey to the Hardy portfolio.
On 31 March 2008, The Hardy Wine Company changed its name to Constellation Wines Australia.[ citation needed ]
In February 2011, Constellation Brands sold 80 per cent of Constellation Wines Australia, along with sister company Constellation Europe, to CHAMP Private Equity. Constellation Brands retained a 20 per cent stake in the newly named Accolade Wines. [11]
In October 2015, Accolade sold its 50 per cent share of British drinks distributor Matthew Clark. [11] [12] [13]
In November 2016, the company acquired the Australian premium wine portfolio (Fine Wine Partners) of beverage giant Lion. [14] [15]
In March 2017, CHAMP Private Equity scrapped its plans to float Accolade on the Australian Securities Exchange. The decision was made after overtures from potential Chinese buyers, and a drop in the value of the British pound due to Brexit. [16]
Until 2018, the company was 80 per cent owned by the Australian private equity firm CHAMP Private Equity and 20 per cent owned by the United-States-based alcohol giant Constellation Brands. [11] 100% of the company was sold to the Carlyle Group in 2018. [3]
In October 2019, Accolade divested itself of the historic vineyards and buildings at the Houghton Estate in the Swan Valley to move production of Houghton Wines to its Nannup facility. [17] The site was purchased by the Yukich family that had previously purchased the Oakover Grounds portion of the estate. The old Houghton site is now known as Nikola Estate.
Accolade Wines sells its products in over 80 countries, including Australia, the United Kingdom, Ireland, Canada, the United States, Japan, China, and across Continental Europe.
It has branch offices in the United Kingdom (Weybridge and Bristol), Australia (Adelaide, Sydney, Brisbane, Perth and Melbourne), and South Africa (Stellenbosch), as well as in Moscow, Warsaw, Shanghai, Singapore, Beijing and California.
The business is the largest wine company by volume and value in the United Kingdom and Ireland, a highly-competitive market with thin margins. [11] Its popular brands there include:
The chief executive from October 2015 to August 2016 was Paul Schaafsma, who previously worked for Australian Vintage. From August 2016 to April 2017, the CEO was former APAC GM of Sales, Michael East.[ citation needed ] The current Chief Executive Officer is Robert Foye, who was named CEO 1 May 2020.
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Winery/Brand | Region | Country | External link | Notes |
---|---|---|---|---|
Amberley Estate [19] | Western Australia | Australia | ||
Anakena [20] | Chile | Acquired 2015 [11] | ||
Atlas Peak [21] | Napa Valley | North America | ||
Banrock Station [19] | South Australia | Australia | Custodian of Banrock Station Wetland Complex | |
Bay of Fires [19] | Tasmania | Australia | ||
Berri Estates [19] | South Australia | Australia | ||
Brookland Valley [19] | Margaret River | Australia | ||
Country Manor [22] | United Kingdom | |||
Croser [4] | Australia | |||
Da Luca [23] | Italy | |||
Drylands [24] | Marlborough | New Zealand | Agent only (for the Pacific, Japan and United Kingdom). [24] | |
Echo Falls [21] | North America | Includes Fruit Fusion range released 2015 [25] | ||
Eddystone Point [19] | Tasmania | Australia | ||
Fish Hoek [26] | South Africa | |||
Flagstone [26] | South Africa | |||
Geyser Peak [21] | Alexander Valley | North America | ||
Ginger Joe [22] | United Kingdom | Alcoholic ginger beer. | ||
Goundrey [19] | Western Australia | Australia | ||
Grant Burge Wines [19] | Barossa | Australia | Acquired 2014. [14] | |
Gran Tierra [20] | Chile | |||
Hardys [19] | (various) | Australia | Named world's second strongest wine brand in 2008. [27] | |
Houghton [19] | Swan Valley | Australia | ||
Sold off in August 2023 [28] | ||||
Jack Rabbit [29] | "Other" | |||
Jam Shed | South Australia | Australia | brand from Leasingham | |
Knappstein [4] | Clare Valley | Australia | From Lion | |
Kumala [26] | South Africa | Archived 3 December 2016 at the Wayback Machine | ||
Leasingham [19] | Clare Valley | Australia | Label only? [30] [ better source needed ] | |
Le Portail des Coteaux[ citation needed ] | ||||
Mezzomondo [23] | Italy | |||
Moondah Brook [19] | Western Australia | Australia | ||
Monkey Bay [24] | New Zealand | Archived 25 October 2016 at the Wayback Machine | Agent only (for the Pacific, Japan and United Kingdom). [24] | |
Mud House [24] | (various) | New Zealand | ||
Nobilo [24] | New Zealand | Agent only (for the Pacific, Japan and United Kingdom). [24] | ||
Omni [19] | Australia | |||
Paul Masson Winery [21] | North America | Agent only (for Australia, Pacific, Japan, United Kingdom). [21] | ||
Petaluma [4] | South Australia | Australia | ||
Ravenswood [21] | North America | Agent only (for Australia, Pacific, Japan, United Kingdom). [21] | ||
Renmano [19] | Australia | |||
Reynella [19] | Australia | |||
Robert Mondavi [21] | North America | Agent only (for Australia, Pacific, Japan, United Kingdom). [21] | ||
Rolf Binder Wines | Barossa Valley | Australia | ||
Stanley Wines [19] | Australia | |||
Starve Dog Lane [19] | Australia | |||
St Hallett [4] | Barossa Valley | Australia | From Lion | |
Stones [22] | United Kingdom | Ginger wine | ||
Stonier [4] | Mornington Peninsula | Australia | https://www.stonier.com.au/ | |
Stowells [29] | (various) | "Other" | On-premise brand, sold in the UK, of wines from around the world. [29] | |
Ta Ku [24] | (various) | New Zealand | ||
Tatachilla [4] | McLaren Vale | Australia | From Lion | |
Tintara [ citation needed ] | ||||
Turner Road [21] | North America | |||
Waipara Hills [24] | Marlborough | New Zealand | ||
William Hardy [31] | South Australia | Australia | ||
Yarra Burn [19] | Yarra Valley | Australia | Sparkling wine | |
XYZin [21] [32] | North America |
Paul Masson was an early pioneer of California viticulture known for his brand of Californian sparkling wine.
GALLO is a winery and distributor headquartered in Modesto, California. It was founded in 1933 by Ernest Gallo and Julio Gallo of the Gallo family, and is the largest exporter of California wines. It is the largest wine producer in the world, producing over 3% of the world's entire annual supply of 35 billion bottles with an annual revenue of $5.3 billion it is also the largest family-owned winery in the United States. Gallo provides about 3,500 jobs to Modesto residents and 2,500 jobs in other parts of the state, country, and world.
Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share of all major beer suppliers. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. Based in Rochester, New York, Constellation has about 40 facilities and approximately 9,000 employees.
Pernod Ricard Winemakers is the wholly owned wine subsidiary of French wine and spirits producer Pernod Ricard, which is one of the largest alcoholic beverage companies in the world. It arose from the Australian and New Zealand companies formerly known as Premium Wine Brands and Pernod Ricard Pacific, and was then extended to become Pernod Ricard's umbrella organisation for its wine operations in other countries. Amongst its large portfolio, its major wineries are Jacob's Creek from Australia, Campo Viejo from Spain, Kenwood Vineyards from the United States, and Brancott Estate from New Zealand.
Yalumba is an Australian winery located near the town of Angaston, South Australia in the Barossa Valley wine region. It was founded by a British brewer, Samuel Smith, who emigrated to Australia with his family from Wareham, Dorset in August 1847 aboard the ship China. Upon arriving in Adelaide in December, Smith built a small house on the banks of the River Torrens. He lived there less than a year before moving north to Angaston where he purchased a 30-acre (120,000 m2) block of land on the settlement's south eastern boundary. He named his property "Yalumba" after an indigenous Australian word for "all the land around". In 1849 Smith and his son Sidney planted Yalumba's first vineyards, beginning the Yalumba dynasty. Today Yalumba is Australia's oldest family-owned winery. As at 2022 it was ranked the twelfth largest Australian wine company by production and ninth largest in terms of total revenue.
De Bortoli Wines is a wine-producing private family owned company based in Australia. In 2022 it was ranked the seventh largest Australian wine company by production,and the sixth largest in terms of total revenue. Its range of wines includes the sweet white dessert wine, Noble One.
John Reynell was an English-born emigrant to the colony of South Australian where he became established as a wheat farmer, a sheep and cattle breeder, and a vigneron and winemaker.
Houghton Wines is an Australian winery originating in the Swan Valley wine region of Western Australia at the historic Houghton Estate.
Brancott Estate is the brand adopted since 2010 by Pernod Ricard for New Zealand's largest wine producer, formerly Montana Wines, which now operates as the New Zealand division of Pernod Ricard Winemakers. The name comes from its Brancott winery in Blenheim, and was chosen to reduce confusion in the United States market with wines from the state of Montana.
Old Reynella is a metropolitan suburb of Adelaide, South Australia. It is located 20 km south of the Adelaide city centre in the north of the City of Onkaparinga.
The Duckhorn Portfolio Inc. is an American wine company producing varietal labelled and blended red, white, rosé, and sparkling wines from California and Washington State. The main winery, Duckhorn Vineyards, is outside St. Helena, California.
Nikola "Nick" Nobilo,, was a New Zealand winemaker and founder of Nobilo Wines. He was originally from Austria-Hungary.
Australian Vintage Limited (AVG) is an Australian public company that operates within the wine production industry. It was established by Brian McGuigan with the help of his wife, Fay, and younger brother, Neil McGuigan. The company was incorporated on 30 May 1991 in New South Wales under the name Roserim Limited. This name later changed to Brian McGuigan Wines Limited. After the merger with Simeon Wines in 2002, the company changed its name to McGuigan Simeon Wines Limited, before renaming it to Australian Vintage Limited in 2008. Its main business activities include retail and wholesale wine production, and vineyard management services. As at 2022 it was ranked the fifth largest Australian wine company by production and also the fifth largest in terms of total revenue.
Thomas Hardy was a winemaker in the McLaren Vale, South Australia. He has been called the "Father of the South Australian Wine Industry".
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Treasury Wine Estates is an Australian global winemaking and distribution business with headquarters in Melbourne. It was formerly the wine division of international brewing company Foster's Group.
Kingston Estate winery was established in 1979 by Sarantos and Constantina Moularadellis.
The Bushing Monarch is an annual title awarded in the Australian state of South Australia to the winemaker of highest scoring individual wine at the McLaren Vale Wine Show. Established in 1973, the winner is crowned the "Bushing King" or "Bushing Queen" until they are disrobed when the next winner is announced.
Casella Family Brands is a family-owned wine company based in Australia. Its most well-known brandname is [yellow tail].
Angove Family Winemakers is a winery, operating in the McLaren Vale wine region and Riverland wine region in South Australia. As at 2022 it was ranked the nineteenth largest Australian wine company by production.