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Cellar sale

WINE retailer John Penniment has bought Ocean View Cellars in City Beach from wine producer, retailer and restaurateur Tom Galopoulos.

Mr Penniment’s most recent venture was a 50 per cent stake in Knox Liquor’s Jolimont outlet.

He was also general manager of the Knox group until it was bought by the Australian Liquor Group ahead of last year’s listing.

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