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Backdoor listing for Accolade on the table in AusVintage deal

Simon Evans

The largest shareholder in McGuigan and Tempus Two owner Australian Vintage is backing a potential merger with Australia’s second-largest wine group, Accolade Wines, which could bring Accolade to the ASX via a backdoor listing.

The potential deal would borrow from the playbook deployed by pharmacy giant Chemist Warehouse and the much smaller Sigma Healthcare, revealed in December.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/agriculture/backdoor-listing-for-accolade-on-the-table-in-ausvintage-deal-20240322-p5fefm