Word: southcorp
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...consolidation trend is starting to appear outside the U.S., although somewhat unevenly. Europe has been slow to shed centuries of vineyard traditions, but the New World producers, especially the Australians, have been expanding aggressively. Four companies--Southcorp Wines, B.R.L. Hardy, Orlando Wyndham (owned since 1989 by Pernod Ricard) and Beringer Blass Wine Estates (Foster's)--now account for 74% of the wine exported from Down Under, according to Macquarie Resource Equities...
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