The Elephant Hill portfolio \u2013 including the winery, cellar door, restaurant, luxury lodge, vineyards, business assets, intellectual property, and wine inventory \u2013 have been placed on the market for sale.<\/p>\n
Established in 2003 by Roger and Reydan Weiss and located on the Te Awanga coastline, Elephant Hill has spent more than two decades building a reputation as one of Hawke\u2019s Bay\u2019s most respected wine brands and visitor experiences.<\/p>\n
Colliers has been exclusively appointed to market the assets for sale via expressions of interest, available either as a going concern or as individual assets.<\/p>\n
The portfolio includes the winery, restaurant and cellar door, and vineyard holdings, which include 24.03 planted hectares at Te Awanga, 17.61ha at Gimblett Gravels, and 17.27ha at Bridge Pa.<\/p>\n
Mike Laven, Rural & Agribusiness Special Projects Advisor at Colliers, says the Elephant Hill brand is expected to attract interest from wine companies seeking to add a super-premium label to an existing portfolio.<\/p>\n
\u201cThe Elephant Hill brand and associated wine business do not need to remain tied to the Te Awanga property,\u201d he says. \u201cThe intellectual property, wine inventory, and brand assets can continue to operate under separate ownership and from an alternative production facility, creating flexibility for purchasers seeking to acquire either the premium wine brand, the underlying property assets, or both.\u201d<\/p>\n
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