Waimea Estate, one of the regions largest wine producers has been sold to New Zealand financial services company Booster which is a KiwiSaver fund provider and will now be in partnership with the Awatere River Wine Company in Marlborough.
Waimea Family Estate Wines was established in 1993 when Trevor and Robyn Bolitho planted the first of over 140ha of vineyards on Nelson's Waimea plains. Awatere River Wine Company was established in 2007 by Louis Vavasour, of the original Vavasour family who pioneered viticulture and wine-making in the Awatere Valley in 1987.
Waimea Estates general manager Ben Bolitho will be staying on with the company along with other current staff and said the investment partnership allowed the business to grow to its full potential.
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