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KPMG back in charge at McWilliam's Wines

Simon Evans
Simon EvansSenior reporter
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McGrathNicol has bowed out as receivers of stricken McWilliam's Wines, putting KPMG temporarily back in charge of running the historic wine group while a new owner is sought.

KPMG announced late on Tuesday that McWilliam's Wines had repaid a $6.2 million debt owing to secured creditor, Margaret River Wine Production, paving the way for it to re-start its role as administrator.

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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/kpmg-back-in-charge-in-mcwilliam-s-wines-saga-20200218-p5421e