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Australia's TWE Acquires 75% Stake in China’s Stone & Moon Winery

4/9/2025

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Summary

Story summary

Australia's Treasury Wine Estates (TWE) has taken a bold step by acquiring a 75% stake in Ningxia's Stone & Moon Winery, marking a significant investment in China's vibrant wine scene. CEO Tim Ford underscored a dedication to nurturing local talent and fostering sustainable growth, aligning with Penfolds' ambitious global strategy and revitalized marketing efforts that promise to boost revenue significantly.

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Story summary

Australia's Treasury Wine Estates (TWE) has taken a bold step by acquiring a 75% stake in Ningxia's Stone & Moon Winery, marking a significant investment in China's vibrant wine scene. CEO Tim Ford underscored a dedication to nurturing local talent and fostering sustainable growth, aligning with Penfolds' ambitious global strategy and revitalized marketing efforts that promise to boost revenue significantly.