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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Business
2 mins to read

Winemaker Sacred Hill owes creditors $98.6m

Poor trading conditions and an inventory overstatement led to Westpac appointing receivers.

Andrew Bevin Wed, 14 Jul 2021

Hawke's Bay and Marlborough winemaker Sacred Hill owes creditors over $98 million, according a first report from receivers.

Sacred Hill was incorporated in 1999 and operates a well-known vineyard, winery, processing and distribution business in the Hawke's Bay.

The Sacred Hill group of

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Andrew Bevin Wed, 14 Jul 2021
Contact the Writer: andrew@nbr.co.nz
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Winemaker Sacred Hill owes creditors $98.6m
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