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Hot Topic EARNINGS
Hot Topic EARNINGS
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Ascension Wine Estate in receivership


Owners of the landmark winery and popular events venue in Matakana called in the receivers on Monday.

 

Georgina Bond
Thu, 09 May 2013

Ascension Wine Estate – a winery and popular events venue in Matakana, north of Auckland – has been placed into receivership.

The landmark winery on Matakana Rd was put into voluntary receivership on Monday when owners Darryl and Bridget Soljan asked the bank to call in the receivers.

The Soljans are the fifth-generation of the Soljan family, of Yugoslav origins, to grow grapes and make wine for a living.

Receiver Andrew McKay from Corporate Finance says his team will continue to trade the business, and functions and events booked at the venue will go ahead.

The vineyard’s restaurant and conference facilities are well used for weddings and corporate events and the estate hosts the popular outdoor summer winery tours.

The home vineyard makes a range of red, white and sparkling wine under the Ascension label.

gbond@nbr.co.nz

Georgina Bond
Thu, 09 May 2013
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Ascension Wine Estate in receivership
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