|Randall Wine Group Executive Chairman Warren Randall says his company has the largest private holdings of ‘luxury’ vineyards in South Australia. Picture Ben Macmahon.The Randall Wine Group has acquired a 310-hectare property in South Australia’s Riverland region, which includes 86ha under vine. The company plans to soon plant additional vineyards on the site.
The purchase takes the Randall Wine Group’s holdings to more than 3300ha in South Australia, which it says makes it “the largest private, luxury vineyard holder” in Australia’s leading wine state.
Last year RWG announced 760ha of new purchases in Barossa, 140ha in McLaren Vale and further vineyard acquisitions in Langhorne Creek and Currency Creek. RWG also owns vineyards in the Coonawarra, Clare Valley and Eden Valley regions of South Australia.
The 60-year-old Glen Devlin vineyard in the Riverland is approximately 10km upstream from the town of Waikerie and, like most of RWG’s holdings, is principally planted to the red varieties Shiraz and Cabernet Sauvignon.
South Australia is consistently responsible for about 50 per cent of Australia’s annual production and 80 per cent of its premium wine.
The Riverland, in the east of the state near the banks of the River Murray, is the nation’s largest grape producing region, contributing about a quarter of Australia’s annual crush.
RWG’s aggressive vineyard buy-up is targeted at boosting supply to the booming Chinese market. Its flagship winery Seppelstfield also opened a wine chateau in China in 2017 in a joint venture with Minquan Jiuding Wine Company Ltd. It is the first Chinese chateau to have a part ownership stake by an Australian winemaker.
RWG Executive Chairman and Proprietor Warren Randall said the Riverland vineyard was acquired to supply the “One Pound Per Acre” brand, one of the fastest growing Australian wine brands in China, with a distribution agreement servicing 12,000 fine wine retailers initially, with the potential to grow to 140,000 across the next five years.