- CEO
- Samuel Andrew Fischer
- Full Time Employees
- 2,600
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- Address
- 161 Collins Street Melbourne VIC Australia 3000
- IPO Date
- May 16, 2011
- Business
- Treasury Wine Estates Limited (TSRYY) operates as a global wine company engaged in viticulture, winemaking, marketing, sales and distribution of premium and luxury wines across Australia, New Zealand, the United States, the United Kingdom, Europe, Asia and other international markets. The company offers an extensive portfolio of brands spanning luxury, premium and commercial categories, including Penfolds, DAOU Vineyards, Wolf Blass, 19 Crimes, St. Hubert's, Lindeman’s, Squealing Pig, Blossom Hill, Frank Family Vineyards, Pepperjack, Wynns, Matua, Seppelt, Beringer, Etude, Sterling Vineyards, Beaulieu Vineyard, Stags’ Leap Winery, Castello di Gabbiano, Chateau St. Jean, Acacia Winery and Meridian; it also provides contract bottling services to third parties and sells grapes and bulk wine, sourcing from over 10,000 hectares of owned and leased vineyards in key regions such as Barossa Valley and Coonawarra in Australia, Marlborough in New Zealand, Napa Valley and Paso Robles in California, Tuscany in Italy and Ningxia in China. Founded in 2011 as a spin-off from Foster's Group with heritage brands tracing back to 1843, Treasury Wine Estates maintains headquarters in Melbourne, Australia, and structures operations through three primary divisions--Penfolds, Treasury Collective and Treasury Americas--while targeting distributors, wholesalers, retail chains, independent retailers, on-premise outlets and direct-to-consumer channels worldwide. Recent developments include the 2023 acquisition of DAOU Vineyards for US$900 million to bolster its luxury presence in the US market with upgraded cost synergies reaching a $35 million run rate, the November 2021 purchase of Frank Family Vineyards for A$434 million, and a December 2024 agreement to acquire a 75% controlling stake in China's Stone & Moon Winery in Ningxia for US$18 million--expected to close mid-2025--to expand local production of Penfolds wines amid re-established market access following tariff resolutions; additionally, the company reported an 11% net sales revenue growth for DAOU Vineyards within its Americas segment.