A prominent regional New South Wales winemaker has fallen into voluntary administration, citing significant financial losses brought about by COVID-19 pandemic, natural disasters and the Chinese government.
Key points:
- Cassegrain Wines is the largest winemaker on the New South Wales Mid North Coast
- The family-run business says it has appointed voluntary administrators
- Administrators says operations will continue as usual
Cassegrain Wines, based south of Port Macquarie on the Mid North Coast has appointed insolvency firm Shaw Gidley as administrators.
The business is one of the biggest winemaking operations in the region, employing more than 20 staff on site and supplying numerous hospitality venues.
Managing director John Cassegrain, who starte…
Read the full article at: https://www.abc.net.au/news/2023-06-09/cassiegrain-wines-enters-voluntary-administration-nsw/102460184