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Ostler Wines sold to ACG Wines Ltd

Media release
Ostler Vineyard Ltd
22 July 2021

Ostler Wines sold to ACG Wines Ltd

Waitaki Valley wine pioneer company Ostler Wines has been sold to ACG Wines Ltd and will be operated by The Lindis Group, a luxury hospitality company with three premium lodges in New Zealand.

The group’s enterprise already includes a central South Island connection with the architecturally designed Lindis Lodge in the pristine Ahuriri Valley, near the start of the Waitaki Valley and the Ostler Wines acquisition will enhance this. The group also has a New Zealand wine business, the Paroa Bay Winery with its own luxury lodge in Northland.

Jim Jerram, founder of Ostler Vineyard Ltd, is delighted to have secured a succession plan involving such a celebrated tourism and wine-focussed company.

“This is very good news for our wine business, for the Ostler brand and for ‘Brand Waitaki’,” says Jerram. “Ours is a boutique premium wine operation which has needed the resources and interest of a suitable partner with skin in the game to take the brand forward. We are delighted our acclaimed, limestone-based Caroline’s Pinot Noir has captured the attention of The Lindis Group.”

William Hudson, Managing Director of The Lindis Group, says that the intention is to take this beautiful wine and “polish the diamond”.

“The Ostler Caroline’s Pinot Noir is very simply one of New Zealand’s best pinot noirs, a multi-layered, delicious, well balanced and refined wine that could be drank today or kept for years,” says Hudson. “It is both a privilege and responsibility to manage the estate building on the outstanding work of Jim and winemaker Jeff Sinnott.”

Ostler Caroline’s Pinot Noir has had the distinction of winning six consecutive gold awards at the London International Wine Challenge – the Oscars of the wine world – which is, in itself, an uncommon and noteworthy achievement.

Jerram adds: “We have been waiting for some years for a suitable interest which recognises the quality-focussed results of our nearly 20 years of hard work. We have been blessed with the support of some wonderful staff, volunteers, family friends and clients around New Zealand and internationally. Our winemaker Jeff Sinnott has been inspirational in his influence from initial vineyard planning to the finish of each vintage of high quality wines.”

ACG Wines has purchased all Ostler Caroline’s Pinot Noir wine stock, the Ostler and Caroline’s brands and the vineyard on which the grapes for this premium wine are grown. The terms of the sale agreement include a collaboration between Ostler Vineyards Ltd and ACG Wines, managed by The Lindis Group, to ensure an uninterrupted service of existing Ostler markets and clients for an interim 12-month period with the full range of other Ostler Wines with retail sales continuing from the Ostler Wines’ cellar door, The Vintner’s Drop in Kurow, and online via ostlerwine.co.nz.

ENDS/

For more information, please contact:
Jim Jerram
021431559
jim@ostlerwine.co.nz



 

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