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Sacred Hill group sold for $50m, substantial shortfall for creditors

Receivers are investigating overstated inventory at core of appointment by Westpac.

Andrew Bevin Wed, 19 Jan 2022

Sacred Hill’s Marlborough business was sold for $43 million last year, while other Sacred Hill entities sold for over $6m, according to receivers of the well-known winemaker.

The Sacred Hill group of companies - Sacred Hill Marlborough Vineyards, Sacred Hill Family Vineyards, Sacred Hill

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Andrew Bevin Wed, 19 Jan 2022
Contact the Writer: andrew@nbr.co.nz
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Sacred Hill group sold for $50m, substantial shortfall for creditors
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