The Adelaide-based Hardy Wine Company has decided to sell the Kamberra winery after only eight years’ trade.
The ABC reports Hardy managing director David Woods as saying local viticulturists need not worry as the winery will meet its contractually obligations to them.
The company is restructuring and want to sell the Kamberra winery to a smaller owner. It has not found a buyer yet.
UPDATE The Canberra Times has picked up the story with some reactions from the various members of the winemaking industry.