Australia's Treasury Wine sells Rosemount back to the founding Oatley family

Treasury Wine Estates

12/10/2026 08:01

Oct 12 (Reuters) - Australian winemaker Treasury Wine Estates TWE.AX said on Monday it had divested the Rosemount, Ingoldby and Secret Stone brands to A.G. Oatley Wines for an undisclosed sum. 
Here are some details:
The sale returns Rosemount to the family that founded it, as the Penfolds maker pursues its strategy to condense its 76 brands to a priority portfolio of 30 global and regional brands.
Rosemount, part of the late Australian wine magnate Robert Oatley's empire, merged with Southcorp in 2001 to create what was then Australia's largest wine company, according to Treasury Wine's website.
Foster's Group bought Southcorp in 2005 and merged it with its Beringer Blass wine business to form Foster's Wine Estates. Foster's spun off that business in 2011 as Treasury Wine Estates, listed on the Australian Securities Exchange.
The divestment follows the Penfolds maker's recent sale of the Seppelt, Rouge Homme and Tollana brands to local owners.
"We are thrilled to be able to bring Rosemount home to our family once again," A.G. Oatley Wines owner Sandy Oatley said.
The sale is expected to complete on October 23, with Treasury Wine retaining royalty-free rights to sell Rosemount in Europe for up to three years.

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Rashmi Aich)
((Shivangi.Lahiri@thomsonreuters.com;))