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Dec. 18, 2025
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Commerce

Treasury Wine Estates to acquire Daou Vineyards

October 31, 2023

The parent company of luxury wine brand Penfolds, is pushing its portfolio toward the land of luxury with its latest purchase. Image credit: Treasury Wine Estates The parent company of luxury wine brand Penfolds is pushing its portfolio toward the land of luxury with its latest purchase. Image credit: Treasury Wine Estates

 

By Luxury Daily News Service

Australian winemaking conglomerate Treasury Wine Estates is doubling down amid the world's largest luxury wine market.

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