Parker Coonawarra Estate sold
The group is still open to offers regarding the other properties in its portfolio, but has stressed that it remains committed to the wine industry for the long term.
The Parker Estate purchase was negotiated by Jonathan Hesketh, son of well-known wine broker Robert Hesketh.
Their Hesketh brand markets wines as diverse as Barossa Valley shiraz, Eden Valley riesling and Austrian gruner veltliner. The price was not disclosed.