Treasury Wine to Buy U.S. Luxury Winemaker Frank Family Vineyards for US$315 Mln
Treasury Wine to Buy U.S. Luxury Winemaker Frank Family Vineyards for US$315 Mln
By Mike Cherney
作者：迈克·切尔尼
SYDNEY--Australian vintner Treasury Wine Estates Ltd. said it will buy U.S. luxury winemaker Frank Family Vineyards for $315 million, saying the deal offered a rare opportunity to bolster its high-end wine portfolio.
悉尼——澳大利亚葡萄酒商Treasury Wine Estates Ltd.表示，它将以3.15亿美元的价格收购美国奢侈品酿酒商弗兰克家族葡萄园，称该交易为加强其高端葡萄酒投资组合提供了难得的机会。
Treasury said Napa Valley, California-based Frank Family Vineyards is highly complementary to its Americas business and fills a key portfolio gap for luxury chardonnay. Treasury said it is well placed to grow the business given its leading luxury sales credentials, national distribution network and California asset base.
财政部表示，总部位于加利福尼亚州纳帕谷的Frank Family Vineards与其美洲业务高度互补，填补了豪华霞多丽的关键投资组合缺口。财政部表示，鉴于其领先的奢侈品销售资格、全国分销网络和加州资产基础，它完全有能力发展业务。
"This is a compelling strategic and financial investment, comfortably meeting our investment criteria and one we expect will deliver attractive growth and financial returns for TWE's shareholders over the long-term," Treasury Chief Executive Tim Ford said.
财政部首席执行官蒂姆·福特表示：“这是一项引人注目的战略和金融投资，完全符合我们的投资标准，我们预计从长远来看，它将为TWE的股东带来有吸引力的增长和财务回报。”
Analysts have expected Treasury to make acquisitions as winemakers focus more on the lucrative higher-end parts of the market. Treasury has been selling off some of its downmarket U.S. brands and assets and it said Thursday that process was largely complete, with total net cash proceeds of about 300 million Australian dollars (US$218 million).
分析师预计，随着酿酒商更多地关注利润丰厚的高端市场，美国财政部将进行收购。财政部一直在出售其部分低端美国品牌和资产，该公司周四表示，该过程已基本完成，净现金收益总额约为3亿澳元（2.18亿美元）。
It said it is using those proceeds to help pay for Frank Family Vineyards. Treasury added that Frank Family Vineyards has a long-term track record of delivering strong revenue and earnings growth, as well as earnings margins in the range of 35%-40%.
它说正在用这些收益来支付弗兰克家族葡萄园的费用。财政部补充说，弗兰克家族葡萄园在实现强劲的收入和收益增长方面有着长期的记录，收益率在35％-40％之间。
The acquisition is expected to be completed in December.
此次收购预计将于12月完成。
Write to Mike Cherney at mike.cherney@wsj.com
通过 mike.cherney@wsj.com 写信给 Mike Cherney
译文内容由第三方软件翻译。