Wednesday, 22 July 2009

The Loss of Leasingham

Sad news in Harpers last week. Apparently, Constellation will close the Leasingham winery in the Clare Valley, Australia, if they cannot find a buyer soon. Rationalisation was inevitable for many big companies in the current climate, as they try to maximise profit from falling revenue.

The plan for the 116 year old estate had been to maintain the Leasingham brand, purchasing the grapes from its new owners. Unfortunately a buyer has yet to be found according to Harpers. This week though it managed to sell 75 hectares to Tim Adams Wines, another Clare Valley Producer, at a knock down price. Sadly, this leaves housing redevelopment as an option for the remainder of the estate.

The Leasingham winery produces some fantastic wines from Shiraz, both as a still and a sparkling, Cabernet Sauvignon and Riesling…one of my favourite wines.

I hope a buyer can be found soon, or alternatively, that Constellation changes it mind and keeps the winery. If they don’t, whilst the brand Leasingham will remain, it will no longer be specifically grapes from that estate and could encompass any Australian grape. I don’t know about you, but for me, it just wouldn’t be the same again!

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