Hawke’s Bay winery Sacred Hill has been put up for sale by its receivers.
A notice in Friday’s edition of the Hawke’s Bay Today newspaper said the receivers of Sacred Hill were looking for buyers of the company and all its remaining assets.The notice said three businesses were for sale: Sacred Hill Vineyards, Sacred Hill Family Vineyards and Sacred Hill Global. Indicative offers are wanted by June 18.
“Opportunity to acquire an established winery and well-recognised award-winning brand portfolio,” the notice said.
The Sacred Hill companies were forced into receivership by secured creditor Westpac bank with Rees Logan and Andrew McKay of BDO appointed joint receivers. It’s indicated that receivers had entered into an agreement to sell the business and assets of Sacred Hill Marlborough Vineyards with settlement due to take place mid-July.
