Finlaysons Wine Roadshow 33 - Tasmania

The Australian wine business sector is being re-set. A high volume of winery and vineyard assets are for sale, many driven by financial stress, but others by succession challenges or retirements. On the other hand, some great wine businesses are taking the opportunity to expand and enhance their own business by acquiring quality assets at the bottom of the market. So, there are a lot of industry players looking to either buy or sell at present. The grape re-set is occurring.

If you want to be a player in this process, this seminar is for you. If you are a seller, this might be the most serious transaction of your career, being the culmination of your life’s work. You need to understand how to maximise value and to avoid the pitfalls that could cost you dearly.

Alternatively, if you are a buyer, your expertise might lie in grape growing or winemaking, rather than business acquisitions. This seminar will give you important “tips and traps” so that you do not lose money.

Finlaysons will be accompanied on the road again this year by Australian Grape & Wine and Wine Australia. Setting the scene with industry context, they will outline how they are supporting Australian grapegrowers, winemakers and exporters in navigating current pressures while building a more resilient, profitable and sustainable future.

One of Australia’s leading wine sector business consultants, KPMG, will outline the types of assets that are for sale, where they are and what their rough values are. They will also discuss who the potential vendors and buyers are and the outlook for the market in different parts of the country.

Finally, Finlaysons will discuss the practical “nitty gritty” of undertaking a sale and purchase transaction in the wine sector. They will cover transaction structuring, due diligence, contracting and what a sound process involves. They will also discuss some serious tax issues (e.g. you don’t want to lose that WET rebate or a lot of value in CGT or stamp duty).

Whether you are looking to exit, expand or invest, this session is designed to give you practical take-aways to help you make informed decisions, maximise value, avoid common pitfalls and seize the opportunities that the current challenging wine sector presents.

Despite rising costs, we have kept Wine Roadshow pricing unchanged for the past 10 years—because it is important to us to bring your local wine community together each year to share insights and help you succeed. This year we have also extended our discount so you can bring along as many family members and non-family staff as you like at the reduced rate, provided you buy one ticket at full price.

• General admission $149 per head (plus GST)
• Approved Association* member $99 per head (plus GST)
• Each additional family or staff member attending receives a further $20 discount

*Approved Associations: Australian Grape & Wine, Wine Communicators of Australia, WISA, SAWIA, Wine Victoria, Wines of WA, Wine Tasmania and NSW Wine – plus Wine Australia levy payers

All seminars commence at 1:45 for 2:00pm.

The seminar will run across 3 hours with afternoon tea, followed by drinks and canapes for a chance to catch up with old friends and make new ones.

Host or Publisher Finlaysons Lawyers