McWilliam's Wines
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Owned |
AUS |
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Wine maker
Owns wineries around Australia and one in California. Sold 3 wineries to Hong Kong's CK Life Sciences for $15.7 million in 2015. Family-owned for 143 years until 2020 when the company collapsed and was subsequently acquired by Prcstnt Asset Management.
Company Ownership
McWilliam's Wines Group Pty Ltd | AUS | website | ||||
Prcstnt Asset Management ![]() owns 100% of McWilliam's Wines Group Pty Ltd |
AUS | website | ||||
Asset management Global capital and asset management firm focused on the intersection of sustainability, agriculture, resources and renewable energy. Their first fund was launched in Australia in 2016 and they have $1.0bn under management. Acquired McWilliam's Wines in 2020. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
McWilliam's Wines Group Pty Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020) |
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2018) |
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Prcstnt Asset Management | ||||
This company has sustainability claims on its website in the area of investing in a more sustainable future.
Source: company website (2020) |
Company Details
Type | Private company |
Founded | 1877 |
Revenue | $187 million in 2009 |
Employees | 200 in 2014 |
Contact Details
Address | Level 1, 55 Murray St, Pyrmont, NSW, 2009, Australia |
Phone | 02 9722 1200 |
customerservice@mcwilliams.com.au | |
Website | www.mcwilliams.com.au |
Products / Brands
McWilliam's Wines
McWilliams Max Brandy |