Hotham aims for presence

WANDERING-based boutique WA wine maker Hotham Valley Estate is keen to build a presence and profile in the Margaret River region.

This follows the purchase in November of Bridgeland Vineyards for $5.4 million.

An adjoining thirty-three hectares purchased by the company in early 1999 brings their total land holding to 240 hectares of land and almost 100 hectares of vines.

Founding shareholders Rob Bird and Evan Cross now plan to make Hotham Valley Estate a major player in the wine industry.

“We realised that if you’re really small you won’t survive in the wine industry so we decided to become a public unlisted company with the aim of establishing a presence in Margaret River,” Mr Bird said.

“We now want to build on that Margaret River base and possibly pursue the route of a full public listing within the next twelve to eighteen months.”

Last year the number of shareholders increased to over 150, with the company adopting public-unlisted status.

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